The Dow slid 115 points, or 0.3%, on Monday after falling by more than 400 points earlier in the day. The S&P 500 rose 0.1% and the Nasdaq Composite added 0.6% to close out the first trading day of June. That comes after the Institute for Supply Management manufacturing index clocked in at 48.7% in May, down from 49.2% in April. A reading below 50 indicates signs of contraction in the US manufacturing industry, while a reading above that level signals expansion.
Still, all major stock indexes in May cinched their sixth winning month in seven. The Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, showed Friday that inflation stayed stubbornly high in March. PCE rose 0.3% on a monthly basis and 2.7% from the year prior, according to Commerce Department data. New gross domestic product data released last Thursday showed that the US economy expanded at a weaker pace earlier this year than initially reported.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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Changes are coming to the S&P 500 and Wall Street speculates these stocks could be addedThese stocks could be poised to join the S&P 500 when the broad index undergoes its next quarterly rebalance, according to some Wall Street analysts.
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