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China's Manufacturing Activity Crashes To 2022 Lows In May Amid Trump Tariff Woes
Tuesday, June 3, 2025 - 6:44am | 1076The manufacturing sector in China has slipped into contraction in May, marking its lowest level since September 2022, as the impact of tariffs continues to weigh heavily on the industry despite a temporary trade truce with the U.S. What Happened: Data released on Tuesday by Caixin...
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Manufacturing Proves Resilient: What To Expect From Industry In 2021
Thursday, December 17, 2020 - 3:44pm | 433Manufacturing has proven resilient in the face of great uncertainty this year. Despite dramatic drops and general pandemic-related volatility earlier this year, the segment has experienced a steady upswing as lockdowns have eased across the country and consumers have started to abandon toilet paper...
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ISM Monthly Manufacturing Report Points Finger At Slower Deliveries From Suppliers
Monday, October 5, 2020 - 4:04pm | 838The slow pace of deliveries in the supply chain is creating a drag on the economic recovery, according to the latest monthly manufacturing Purchasing Managers Index from the Institute for Supply Management. The ISM report put the index for supplier deliveries at 59. That is a 0.8 percentage point...
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Another Wild Wednesday: New Quarter, Same Old Sell-Off As Fears Of Crisis Intensify
Wednesday, April 1, 2020 - 4:52pm | 1263Meet the new quarter; same as the old quarter. The silver lining is that the ugliness isn’t quite as ugly as in the recent past. Hopes for a “V-shaped” recovery took a blow Wednesday as April opened and last week’s rally went up in smoke. Major indices gave away a decent-...
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Markets Mixed As Oil Continues To Drop
Monday, November 3, 2014 - 5:37pm | 1023U.S. markets were mixed to start the week as the price of crude oil traded at levels it hasn't seen in more than two years following Saudi Arabia's announcement it will cut the selling price of oil to the U.S. and raise prices for other locations. Economic data released today showed...
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Thursday's Selling Momentum Continues Into Friday
Friday, August 1, 2014 - 4:33pm | 2380U.S. stocks picked up where they left off after Thursday's sharp sell-off as positive earnings reports yet again took a backstage to geo-political uncertainties. Not helping the bull cause was nonfarm payrolls, rising by 209,000, less than the 233,000 expected. The jobless rate also ticked...
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Dow Flirts With 17,000, S&P 500 Inches Closer To 2,000 In First Trading Day Of The Third Quarter
Tuesday, July 1, 2014 - 4:48pm | 2089U.S. stocks were higher as the back-end of 2014 kicked off. The Dow came within less than two points of reaching the 17,000 mark as investors and traders found plenty of positives in a better-than-expected June auto sales and an expansion in U.S. manufacturing. The S&P 500 also traded at...
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Bond Market Looks To Jobs Data And ECB Meeting In Shortened Trading Week
Monday, June 30, 2014 - 10:16am | 505The recent rally in bond prices will be tested by several important economic releases in this pre-holiday trading week. With the market closed Friday, July 4, the Commerce Department is publishing its unemployment data on Thursday. The rate is expected to stay at 6.3 percent with 220,00 new jobs...
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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
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ETF Outlook For The Week Of June 2, 2014 (PXI, XLI, FCG, UAE, QAT)
Monday, June 2, 2014 - 11:02am | 534ETF Outlook For The Week of June 2, 2014 PowerShares DWA Energy Momentum ETF (NYSE: PXI) The ETF uses a strategy that identifies energy stocks showing relative strength (momentum). The ETF was up 3.2 percent last week and closed just below the all-time high achieved in April. The largest...
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Market Wrap For April 1: S&P 500 Hitting New All-Time High Not An April Fools' Joke
Tuesday, April 1, 2014 - 4:47pm | 1704U.S. stocks kicked off a new month and new quarter with solid gains as U.S. manufacturing growth improved in March. The indexes have now logged a three-day winning streak, an accomplishment which was completely absent throughout all of March. The S&P 500 hit new all-time highs of 1,885.84...
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Market Wrap for Tuesday, September 3: Acquisition Frenzy As Bankers Return From Summer Vacation
Tuesday, September 3, 2013 - 4:40pm | 920On a day loaded with acquisitions, markets opened far above Friday’s close slowly sold off, but managed to close higher. Major Averages The Dow Jones Industrial Average rose 23.65 points, or 0.16 percent, to 14,833.96. The S&P 500 gained 6.8 points, or 0.42 percent, to 1,639.77. The...
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Weekly Preview: Earnings Season Continues, Fed In Focus, Economic Maelstrom Expected
Friday, July 26, 2013 - 4:05pm | 2337Weekly Preview: Earnings Season Continues, Fed In Focus, Economic Maelstrom Expected Next week, earnings season continues with hundreds of companies set to report earnings. Also, there is a flood of economic data due out in the next week from around the world. Further, the Federal Reserve, the...
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June Non-Farm Payrolls Blow Away Estimates, Boosted By Summer and Part-Time Jobs
Friday, July 5, 2013 - 9:24am | 769Non-Farm Payrolls rose faster than expected in June as teenagers began to take summer jobs. The unemployment rate remained flat in the month while manufacturing payrolls slumped. Stocks gained as bonds and precious metals sold off on the news as markets began to price in more or sooner tapering of...
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ISM Manufacturing Index Rises In June As New Orders, Production Rise, Employment Falls
Monday, July 1, 2013 - 11:03am | 426The widely watched ISM Manufacturing Index, the broad measure of monthly manufacturing activity in the United States, rose in June after showing contraction in May. The report also hinted that manufacturing payrolls declined sharply in the month in a sign that Friday's employment report will show...