Market Brief Stocks Shrug Off NonManufacturing PMI Swoon

Matt Weller
By :  ,  Head of Market Research

Market Brief: Stocks Shrug Off Non-Manufacturing PMI Swoon

  • US indices closed higher on the day despite a mid-morning swoon on the disappointing ISM Non-Manufacturing PMI data.
  • Technology (XLK) was the strongest sector on the day, while Utilities (XLU) were the weakest and the only sector to fall.

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