Study: D C is among the places with the highest taxes washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
®.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management
® (ISM The January Manufacturing PMI
® registered 58.7 percent, down 1.8 percentage points from the seasonally adjusted December reading of 60.5 percent. This figure indicates expansion in the overall economy for the eighth month in a row after contraction in March, April, and May. The New Orders Index registered 61.1 percent, down 6.4 percentage points from the seasonally adjusted December reading of 67.5 percent. The Production Index registered 60.7 percent, a decrease of 4 percentage points compared to the seasonally adjusted December reading of 64.7 percent. The Backlog of Orders Index registered 59.7 percent, 0.6 percentage point above the December reading of 59.1 percent. The Employment Index registered 52.6 percent, 0.9 percentage point higher from the seasonally adjusted December reading of 51.7 percent. The Supplier Deliveries Index registered 68.2 perce
Channel3000.com
February 1, 2021 10:33 AM Anna-Louise Jackson - Forbes Advisor
Posted:
Updated:
February 2, 2021 11:31 PM
Markets kicked off the new year by repeatedly testing fresh all-time highs through most of January, before a late-month slump saw the gains evaporate. After notching a handful of record closing highs, the S&P 500 ended January down 1.1%.
There were plenty of political headlines driving volatility from the Senate run-off elections in Georgia, to the assault on the Capitol, to the inauguration of President Joe Biden. But perhaps the biggest story came from an unexpected source: Extreme speculation in certain corners of the stock market.
While speculative stock manias are nothing new, the disruptive power of day traders reached a fever pitch in January. The market frenzy in shares of video game retailer GameStop was genuinely shocking, with the stock up 1,700% on the month at one point. Fellow YOLO stock, AMC Entertainment Holdings, was up more than
A GameStop store on 14th Street at Union Square in Manhattan on Thursday. (AP Photo/John Minchillo)
MANHATTAN (CN) Waves from the huge splash caused by retail investors’ run on GameStop shares continued throughout Wall Street on Friday, causing analysts to split on how long the phenomenon will last.
On Friday, the Dow Jones Industrial Average fell below the 30,000 mark, the first time the index has dipped below that threshold since mid-December. The Dow finished the day down 622 points, a 2% decline, and lost more than 1,000 points in total for the week.
The S&P 500 and Nasdaq were not immune from the turbulence. Both markets also fell sharply on Wednesday and were buoyed on Thursday, only to fall again on Friday. The S&P 500 lost 127 points for the week, while the Nasdaq shed 473 points.