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Tag Archives: March

ISM Manufacturing Index March 2020

US manufacturing declined in March as the coronavirus outbreak continued to put pressure on the economy, data released on Wednesday by the Institute for Supply Management showed. The ISM manufacturing index fell from 50.1 in February to 49.1 in the past month. Activity was driven by a sharp drop in orders and production, as the data showed. Prices within the …

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March was Wall Street’s worst month since 2008: live updates

The month of upset stomach on Wall Street ends with a drop. March was a month full of rapid turns in the financial markets: the S&P 500 suffered the worst one-day decline since 1987 before it later posted its best three-day run since 1933, oil prices plummeted, interest rates fell and the more esoteric markets Wall Street. The roller coaster …

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Consumer confidence drops in March as the number of coronaviruses increases

A measure of consumer confidence in the U.S. fell sharply in March as people grappled with the global outbreak of the corona virus. The Conference Board announced on Tuesday that its consumer confidence index had dropped from 132.6 in February to 120 this month. Of course, the pressure was better than the 110 economists interviewed by Dow Jones had expected. …

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China reports March PMI on coronavirus outbreak

China announced on Tuesday that the official purchasing manager index for March was 52.0, exceeding expectations for an economy affected by the coronavirus outbreak. Analysts interviewed by Reuters had expected the official PMI to be 45 in March. In February the official PMI hit a record low of 35.7. PMI values ​​above 50 indicate expansion, while values ​​below this level …

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Australian stocks rise 3%; China’s production grows unexpectedly in March

Asia Pacific stocks traded higher on Tuesday morning as China’s official manufacturing manufacturing manager index was better than expected in March. Mainland Chinese stocks were higher, with the Shanghai alliance up 0.8% and the Shenzhen alliance up 0.853%. China announced on Tuesday that its official manufacturing PMI was 52.0 in March, indicating expansion and defying expectations of a contraction. Analysts …

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