U.S. Manufacturing Gauge Contracts for First Time in Three Years – Yahoo Finance

(Bloomberg) — A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.The Institute for Supply Management’s purchasing managers index fell to 49.1 in August

https://finance.yahoo.com/news/u-manufacturing-contracts-first-time-140000169.html

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