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U.S. ISM Manufacturing PMI Contraction Accelerates

Published 10/02/2019, 12:27 AM
Updated 07/09/2023, 06:31 AM

After U.S. Manufacturing PMI data was released yesterday (October 1), U.S. equities began to decline, as described in this CNBC article. They highlight three key points:

Key Points
US ISM Manufacturing PMI 2000-2019

How much this affects U.S. equity and other world markets in Q4 of 2019 can now be weighed in addition to those I identified in my two recent posts here and here. Two more months of this data will be released before year end on November 1 and December 2...so keep an eye on sentiment and directional movements by the close on those days.

Here's how the S&P 500, MSCI World Equity Index, U.S. Dollar Index, U.S. United States 30-Year Treasury bond and Gold closed yesterday (note that the percentages gained/lost graph represents a combination of two days of movement (Monday and Tuesday)...we'll see how they close out the week.

Equity Markets Charts
Graphs
Market Indices

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Prof as ever Candy
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