Stocks finished mixed on Monday after IHS Markit said US manufacturing activity rose to a five-month high in September while the services industry shrunk. The firm's initial gauge for factory activity in September rose to 51 from 50.3 in August, and the highest reading since April. Other data from IHS Markit indicating service-sector jobs contracted for the first time in over a decade in September. Visit the Markets Insider homepage for more stories.
Stocks finished mixed on Monday after IHS Markit said US manufacturing activity rose to a five-month high in September while the services industry shrunk. The firm's initial gauge for factory activity in September rose to 51 from 50.3 in August, and the highest reading since April. Other data from IHS Markit indicating service-sector jobs contracted for the first time in over a decade in September. Visit the Markets Insider homepage for more stories.
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Australia stocks set to dip as investors watch US-China trade developmentsStocks in Australia were set to dip at the open on Monday as investors watch for developments on the U.S.-China trade front. Trump staffers are leaking a Trade Deal May be on the Horizon. Facts are Trump is going to accept a soft/partial deal and claim victory. He wants to get re-elected too badly and sees metrics beginning to negatively impact economy.
Source: CNBC - 🏆 12. / 72 Read more »
European stocks seen lower as traders watch US-China trade developmentsEuropean shares are set to open lower on Monday, with investors keeping a close watch for developments on the U.S.-China trade front.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks close little changed amid worries about the global economyStocks lost steam into the close today to finish little changed. The Dow closed up 15 points. The S&P 500 slid 0.01% and the Nasdaq fell 0.06%.
Source: CNBC - 🏆 12. / 72 Read more »
Global Stocks Slip as Trade Talks FalterGlobal stocks retreated amid fading optimism around U.S.-China trade negotiations as the two countries signaled an agreement remained out of reach. If we dumped Trump the market would soar Maybe you should rethink this “deal” thing. The real “deal” is that the trade tariffs are giving a rise in our economy because we are paying higher prices for everything. A nutshell. You pay more trump looks good. No thanks are necessary. And seriously disappointing Eurozone PMIs. Manufacturing is in a recession globally, likely to spread to other sectors or at the very least dent their growth.
Source: WSJ - 🏆 98. / 63 Read more »