World stocks dropped on Wednesday after US manufacturing activity slumped to a decade low, fanning fears of a global slowdown and greater fallout from the US-China trade war. The Institute for Supply Management recorded a 1.3-point decline in US factory activity to 47.8 last month, after IHS Markit found German manufacturing activity dropped to a seven-year low in September. Escalating protests in Hong Kong and continued Brexit uncertainty also weighed on market sentiment.
World stocks dropped on Wednesday after US manufacturing activity slumped to a decade low, fanning fears of a global slowdown and greater fallout from the US-China trade war. The Institute for Supply Management recorded a 1.3-point decline in US factory activity to 47.8 last month, after IHS Markit found German manufacturing activity dropped to a seven-year low in September. Escalating protests in Hong Kong and continued Brexit uncertainty also weighed on market sentiment.
The S&P500 is still up over 20% YTD. Investors are taking this in stride. Long term investors will continue to buy on weakness. stocks
BlogsofWar realDonaldTrump smells like FAKE news! You are making America great again
It’s October. This happens every year. November will be a recovery. It is like no one ever studies history.
Putting import tariffs on raw materials such as steel & aluminum used by domestic manufacturers to make consumer goods, durable goods, and capital goods -- wasn't very bright POTUS
IngrahamAngle POTUS realDonaldTrump This? This is the winning? Right?
World shocked that manufacturing moved to China?