Markets > Sector

June ISM Manufacturing Falls to 53

1 month ago   |   By Crossing Wall Street

The S&P 500 wrapped up its worst for half of a year since 1970. The market is down again today but not by much. This is another good day for the defensive sectors. Tech is down the most while high dividend stocks are doing well.
This morning's ISM Index came in at 53. That's not that great. Wall Street had been expecting 54.9. The Census Bureau said that construction spending fell by 0.1% in May. The yield on the 10-year fell to its lowest level since May.
Shares of Nike dropped below $100 to reach another 52-week low.
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