S&P Global’s US Manufacturing PMI (Purchasing Managers’ Index) for April came out to a reading of 50.2, while the Institute for Supply Management’s (ISM) own figures slipped to 48.7 month-over-month.
S&P Global Ratings Global Chief Economist Paul Gruenwald comes on to react to these data points and share his perspective on what this means for the US economic growth and trade with China.
The US Bureau of Labor Statistics (BLS) is set to release employment data for the month of April tomorrow morning, Friday, May 2.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here: https://finance.yahoo.com/videos/series/catalysts/
#youtube #stocks #tariffs
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
