The Institute for Supply Management (ISM) said on Dec 1 that its index of national factory activity rose to a reading of 57.5 last month from 59.3 in October (which had been the highest since November...
Per the Dow Jones, S&P Global is in advanced talks to acquire IHS Markit for about $44 billion. The deal will bring Wall Street's two of the largest data providers under one roof.
The Institute for Supply Management (ISM) said on Nov 2 that its index of national factory activity rose to a reading of 59.3 last month from 55.4 in September.
The materials ETF WOOD has hit a new 52-week high. Are more gains in store?
U.S. manufacturing activity accelerated to a nearly two-year high in August due to a rise in new orders.
The U.S. ISM Manufacturing PMI came in at 54.2 for July 2020, up from 52.6 in the previous month and surpassing market expectations of 53.6.
The ISM Manufacturing PMI for the United States increased to 43.1 in May from 41.5 in April, which was the lowest reading since April 2009.
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The Zacks Analyst Blog Highlights: SEA, SBIO, WOOD, CRAK and FTXL
October has been kind to the U.S. stock market thanks to U.S.-China trade progress, better-than-expected corporate earnings and a third Fed rate cut.
Signs of some progress in the U.S.-China trade relation, Brexit doldrums, oil price rally and mixed earnings pulled the stings of the market movement and made these ETFs winners and losers.