Today’s top business headlines with ChristineRomans before the opening bell: - Wall Street stages first quarter rally - Facebook CEO calls for more regulation of internet - Lyft rises on Wall Street debut - 'Dumbo' disappoints at the box office
London 1. China surprises: China's factories are picking up new orders and hiring workers again, defying the recent slowdown in the world's second-biggest economy.
The country's huge manufacturing industry unexpectedly rebounded in March, government figures showed Sunday. The official purchasing managers index for the month jumped to 50.5, compared to 49.2 in February. A reading above 50 indicates growth from the previous month.A separate survey of manufacturing activity by media group Caixin and research firm Markit released Monday was also unexpectedly positive.
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