Weak Chicago Pmi Jolts Markets

Stocks faltered after a worse-than-expected reading on Chicago factory activity. The Dow industrials shed more than 100 points.

Topics:  chicago   dow   
BING NEWS:
  • Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. PMI and Jobs Data on Tap
    S&P 500 E-Mini futures (ESM24)are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.73% this morning as the prospect of higher-for-longer U.S. interest rates continued to weigh on ...
    04/30/2024 - 11:00 pm | View Link
  • Chicago business-activity index weakens in April to lowest level in 17 months
    The Chicago Business Barometer, also known as the Chicago PMI, dropped sharply to 37.9 in April. That is the lowest level since November 2022.
    04/30/2024 - 3:38 am | View Link
  • Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
    Ahead of the jobs data, ADP private payrolls figures for April and JOLTs job openings figures ... equivalent reading for services on Friday. Chicago PMI for April and the Case-Shiller house ...
    04/28/2024 - 4:13 am | View Link
  • Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
    The Fed’s monetary policy decision on Wednesday is likely to take center stage. Inflation figures will be watched from the eurozone and Asia.
    04/26/2024 - 3:38 am | View Link
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