Truist Wealth News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On the Move: May 9, 2024

On the Move: May 9, 2024
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Dow, S&P close lower as manufacturing data lifts yields

The Institute for Supply Management (ISM) said its manufacturing PMI increased to 50.3 last month, the highest and first reading above 50 since September 2022, from 47.8 in February.

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Stronger manufacturing data pressures U S industrial stocks

Stronger manufacturing data pressures U S industrial stocks
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Tenacious stock market heads into new quarter aiming to show it s not beholden to the Fed s rate plans

Mike Santoli gives a stock market scouting report covering a few relevant themes at play heading into the second quarter.

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Wall Street retreats on PMI, Dow Jones slides 241 points

Wall Street retreats on PMI, Dow Jones slides 241 points
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