Cantor Morning News | Industrials

The industrials closed higher yesterday on back of renewed optimism from the purchasing mangers’ data from China as well as the positive August ISM number.

Sources telling Reuters that GM will start its IPO road show after November 2^nd with a plan to price on November 17. Some more price increases in the chemicals with CE announcing ethylene vinyl acetate price increases last night. The airlines will be rolling out with August numbers. CAL out today reporting August RASM of +18-19%. The fertilizer’s should continue to see a bid in them as the takeover speculation continues. Sinochem has hired HSBC to advise it on options regarding BHP’s bid for Potash corp.

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CBI, CENX, DAN, ID

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