U.S. stocks continued the previous session’s downward drift on Monday after Markit’s initial purchasing managers index for March fell slightly.
The initial or “flash” Markit PMI for the U.S. fell to 55.5 in March from 57.1 in February, but still showed improving conditions for manufacturers. Readings over 50 in the purchasing managers index indicate growth.
Source: Marketwatch
The initial or “flash” Markit PMI for the U.S. fell to 55.5 in March from 57.1 in February, but still showed improving conditions for manufacturers. Readings over 50 in the purchasing managers index indicate growth.
Source: Marketwatch