Category Archives: Purchasing Managers’ Index

Stocks unchanged amid economic reports; Facebook surges

In a day heavy with economic reports and forecasts, U.S. stocks finished largely unchanged while foreign stocks continued to rise.

Posted in China, Europe, Facebook, Housing, Jobs, Purchasing Managers' Index

Positive PMIs lead the markets higher to start Q3

Buoyed by some positive economic numbers from the U.S. and China, global stocks started off the third quarter strongly higher on Tuesday.

Posted in Auto Sales, China, Europe, Purchasing Managers' Index

Stocks slightly higher to mixed as markets await ECB, jobs numbers

U.S. stocks were modestly higher and international markets narrowly mixed on Wednesday as investors and traders bided their time ahead of Thursday’s European Central Bank meeting and Friday’s U.S. employment report for May.

Posted in Economy, Europe, Federal Reserve, Jobs, Purchasing Managers' Index

Plural-ISM: Third time’s the charm for ISM factory data

Up at the open, stock prices stumbled a bit after erroneous ISM manufacturing data for May was released at 10:00 NYT. When corrected figures were released – showing that manufacturing actually accelerated slightly last month – stock prices recovered some … Continue reading

Posted in China, Europe, Purchasing Managers' Index

Stock prices edge higher on positive ISM survey

Down 130 points or 0.8% shortly after today’s opening bell, the Dow Jones Industrial Average fought its way back to a gain of 18 points or 0.1% Monday. NASDAQ, largely on today’s buying of biotech stocks (+1.8%), rose 0.3% for … Continue reading

Posted in Apple Inc., Purchasing Managers' Index

U.S. stocks closed mixed as most of world takes May Day off

On a day when most of the world’s markets were closed for the May Day holiday, U.S. stocks finished narrowly mixed on Thursday.

Posted in Bonds, Jobs, Purchasing Managers' Index, Savings and Consumer Spending

Stocks have first losing day in April; Google splits

U.S. stocks had their first down day in April and for the week on Thursday, likely due to profit-taking prompted by some weakish economic reports released today.

Posted in China, Europe, Jobs, Purchasing Managers' Index

Q2 off to a good start

Stocks began the second quarter much as they ended the first, closing higher, with the S&P 500 reaching another new record. The index closed up 0.7% at 1885.52, with eight of its 10 sectors rising, led by consumer discretionary stocks, … Continue reading

Posted in Auto Sales, China, Europe, Purchasing Managers' Index

Fed’s Beige Book cites gray weather

The latest “Beige Book” report on economic conditions in the 12 Federal Reserve districts showed “modest to moderate” growth in economic activity from January to early February, with bad weather a factor in many districts.

Posted in Facebook, Federal Reserve, Purchasing Managers' Index

South by Northeast

U.S. stocks headed in a southerly direction Wednesday as trading volume was suppressed by wicked winter weather throughout the Northeast.

Posted in Economy, Jobs, Purchasing Managers' Index