Manufacturing PMI eases slightly to 56.2 in August

Manufacturing Purchasing Managers’ Index (PMI) for August dropped a tad to 56.2 from 56.4 of July, showing second-strongest improvement in operating conditions since last November.  Also, the impact of inflation has come down. “Factory orders rose at the quickest pace since last November, reportedly boosted by strengthening demand conditions, new client wins and fruitful advertising. … Read more

GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and Salesforce . com will report on Tuesday, followed by Chewy, GameStop , and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings , Hormel Foods , Lululemon Athletica , … Read more