October 3, 2019 @ 8:00 pm | Breaking News |
The trend in U.S. financial markets this week has pointed down on data that shows the U.S. economy is slowing. Certainly the disappointing numbers in both the manufacturing and services Purchasing Managers Indexes have supported that conclusion. That could all change...
October 2, 2019 @ 7:55 pm | Breaking News, Volatility, You May Have Missed |
Yesterday’s disappointing Purchasing Managers Index news on U.S. manufacturing has put two interest rate cuts from the Federal Reserve back on Wall Street’s expectations.(Economists had expected that the PMI number for September would show the...
October 1, 2019 @ 6:22 pm | Breaking News, Volatility, You May Have Missed |
All the major U.S. stock indexes fell today as the Institute for Supply Management’s Purchasing Managers Index for Manufacturing disappointed by sinking further into contraction territory. At 47.8 for September, the index hit a 10-year low. Economists surveyed by...
August 14, 2019 @ 7:18 pm | Breaking News, Volatility, You May Have Missed |
The Dow Jones Industrial Average closed down 800.49 points today, or 3.05%; the Standard & Poor’s 500 finished 2.93% lower; and the NASDAQ Composite lost 3.02%. One reason for the plunge was an intraday inversion in the Treasury yield curve with the yield...