Legacy Thread

[basserdan]

9:54a Initial manufacturing PMI falls to 9-month low in June

A "flash" reading of manufacturing purchasing managers index fell to a nine-month low in June. The IHS Markit manufacturing index fell to a reading of 52.1 in June from 52.7 in May, a reading that still shows improving conditions as it's above the 50 mark. The flash services PMI slowed to a 3-month low of 53 from 53.6 in May. The flash readings are based on 85% to 90% of responses.


10:00a New-home sales run at 610,000 SAAR in May, Commerce Dept. says

10:01a new-home sales prior month tallies are revised up a net 34,000

10:02a U.S. stocks steady following new home-sales report