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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (10/02/2023) [A..]

ISM released its data this morning that suggests that manufacturing PMI increased in September. The increase was above estimates. Over the weekend, government shutdown was averted but that didn't seem to impress the markets perhaps because as it is only a temporary deal for a month and half and members from both parties will have to continue working on it to avoid the shutdown later this year. DJIA and S&P500 are in the red and Nasdaq Composite is in mild green this morning (PST).

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