Economic Analysis- ISM Mfg Index
Airtime: Tues. Jun. 1 2010 | 10:02 AM ET
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Airtime: Tues. Jun. 1 2010 | 10:02 AM ET
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
The government is looking to shorten the lengthy process of short sales, reports CNBC’s Diana Olick.
We are more concerned about rate rises in China than the Greece contagion risks, says Craig Irvine, co-head of regional research at Daiwa Capital Markets. He speaks to CNBC’s Karen Tso and Martin Soong about his outlook for Asian markets.
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
President Obama names Solicitor General Elena Kagan to the Supreme Court of the United States.
Discussing the winter weather factor in the jobs numbers, with CNBC’s Steve Liesman.
Airtime: Thurs. Mar. 4 2010 |
Everybody should accumulate some gold over time, Marc Faber, editor and publisher of the ‘Gloom, Boom and Doom Report,’ told CNBC.