Reported 4 months ago
The Dow Jones Industrial Average closed 115 points lower following the release of the ISM's manufacturing Purchasing Managers' Index (PMI) print, with the Nasdaq Composite and S&P 500 managing slight gains. Market Domination's Julie Hyman discusses the market's performance after the PMI data and OPEC's extended oil production cuts, while Jared Blikre reports on the day's sector actions. Despite economic data uncertainty, the S&P 500 rose 0.1% and the NASDAQ increased by 0.5%. Additionally, there were notable movements in bond yields and the oil market. Overall, health care led gains, while energy and other sectors declined.
Source: YAHOO