Posted on 06/02/2014 7:51:34 AM PDT by Olog-hai
Stocks were moving slightly lower in early trading Monday following the release of a closely watched report that showed an unexpected slowdown in U.S. manufacturing last month. The market is coming off record highs last week. [ ]
The Institute for Supply Management said that its manufacturing index fell to 53.2 in May, short of what economists had expected. The index was expected to come in at 55.5, up from April's reading of 54.9, according to FactSet. The index indicates that U.S. manufacturing is still expanding, but at a slower pace.
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First time it has ever been corrected so no...
so who sold short in those 90 mins?
Good question. the SEC should investigate ISM.
Thanks.
(just browsing currently)
Scouts Out! Cavalry Ho!
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