While you were sleeping: US manufacturing shows strength

Mon, 03 Jul 2017

By Margreet Dietz July 4 (BusinessDesk) - The US dollar gained on better-than-expected manufacturing data, while Wall Street was mixed as bank stocks climbed and tech stocks slid. US financial markets closed early on Monday and will remain closed on Tuesday for the July 4 holiday. An Institute for Supply Management report showed its index of US national factory activity climbed to a reading of 57.8 in June, its highest since August 2014 and up from 54.9 in May. "The ISM index provides further evidence that the prospects for the ma...

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