Separately the Philadelphia Fed index number came in at 3.2 for July, over the expectations for a 2.0 reading and well above the -7.7 reading the index measured for June.
FORBES: Job Market Still Stuck As Claims Rise, But Philly Fed Reports Signs Of Growth
The building sector was the most pessimistic with an index reading of 33, followed by the auto, retail and shipping sectors with index readings of 50 each.
FORBES: Asian Business Sentiment Continues Slide Thomson Reuters/INSEAD Survey Shows
The Relative Strength Index reading has been around 70 lately, considered overbought in the short term.
FORBES: Focus: Platinum Slides On Liquidation As Amplats Agrees To Talks Before Job Cuts
The question produced an index reading of 49, up from 38 in July.
The consumer price index reading this week may show results that point to price increases at the store and dealer levels.
FORBES: Best Buy's Earnings Beat Gives Some Boost To May's Weak Retail Sales
The gold market did move up from its daily lows when a weaker-than-expected U.S. consumer confidence index reading was released Tuesday morning.
FORBES: Comex Gold Ends Weaker on Profit Taking, Chart Consolidation
An index reading below 50 suggests the economy is contracting.
Using a 4-month chart, a 10-period relative strength index reading of 7 and slow stochastics in deeply oversold territory indicate Hormel could be attractively priced in the current price range.
Drug companies were the most upbeat with an index reading of 80, followed by the property sector with a reading of 75 and then the food industry with a reading of 73.
FORBES: Asian Business Sentiment Continues Slide Thomson Reuters/INSEAD Survey Shows
Another report released by the Institute for Supply Management Wednesday showed that the service industry began growing significantly last month, producing an index reading of 57.1 in December, up from 55 in November.
The producer price index, coming before the more closely-watched consumer price index reading due Friday, showed an expected leap in prices among manufacturers of goods in the U.S. due most heavily to high energy prices, according to the Department of Labor.
FORBES: March PPI Eases, But Higher Than Expected In Core Items
Separately, expectations for a higher reading on the consumer price index were confirmed, when the reading came in at higher than expected at 0.2% higher, and 0.3% higher excluding fuel and food.
FORBES: Weakening Consumer And Manufacturing In U.S. Dishearten Markets
Another strong reading from the flash index would support the strong data from the Empire State Manufacturing Survey, and will indicate that the economy is healthier than most think.
And the reason I ask this question is, I was reading earlier today that the consumer confidence index is down almost to the lowest point this year in the last September reading.
The preliminary reading of the Purchasing Managers Index (PMI) was 51.9, compared with 51.5 in December.
BBC: China manufacturing activity at two-year high, says HSBC
European stocks were lower overnight following a weak reading on the German Ifo index of business sentiment.
FORBES: Gold Near Steady as Market Pauses; Fed, ECB Meetings Awaited
Nastier still was the September reading of the monthly Ifo index of business confidence, published by a Munich research institute.
ECONOMIST: The German economy: Holding steady, just, maybe—and maybe not | The
There was more downbeat news for the economy Thursday in the shape of a bigger than forecast decline in the April reading of the PMI services index, which fell to 54.3 from 57.1 consistent with sharp drops in construction and manufacturing detailed earlier this week.
FORBES: Japan Finance Chief Says Yen Rally Is Different Than Post-Crisis Push
The HSBC purchasing managers' index showed a final reading of 49.5 in October, an increase from 47.9 in September.
On Friday, we get the Producer Price Index and the initial reading on consumer sentiment from the University of Michigan.
FORBES: The Week Ahead: Is the Stock Market Right About the Economy?
The Australian Industry Group's performance of manufacturing index rose to a reading of 45.6 in February, from 40.2 in January.
Finally, just before the long weekend, we get consumer sentiment, the ISM Manufacturing Index and the monthly reading on construction spending.
That news, coupled with a slightly hotter inflation reading--the Producer Price Index rose 1.4% in January, above the anticipated 0.8%--weighed on shares as the Street got a soft open.
The German Unemployment Change figures showed that 20K workers fell off the registry of the unemployed during June and the overall Euro zone Economic Sentiment Index improved to a reading of 101.3.
Last year Monterrey, the country's industrial capital, clocked a higher reading than Mexico City on its index of particles smaller than 10 microns, a form of pollution that is no less dangerous than ozone.
ECONOMIST: The capital��s filthy atmosphere has improved at last
Both gold and silver markets extended early losses to trade sharply lower in late-morning dealings Thursday, in the immediate aftermath of a reported stronger-than-expected reading from the Chicago Purchasing Managers Index in January (55.6 versus 50.0 in December).
FORBES: P.M. Kitco Metals Roundup: Gold Ends Solidly Lower ahead of Key U.S. Jobs Report on Friday
The preliminary reading of HSBC's Purchasing Managers Index (PMI) rose to 51.7, from 50.4 in February.
The Institute for Supply Management's manufacturing purchasing managers' index unexpectedly fell to a reading of 49 in May, which reflects a contracting economy.
应用推荐