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Stocks give up early gains after poor U.S. manufacturing numbers
U.S. stocks changed direction and erased early gains after the ISM manufacturing index came in lower than expected at 50.3, as new orders contracted and the price measure surged. Investors are also cautious ahead of planned tariffs on Mexico and Canada scheduled to come into effect on Tuesday.Read more...
U.S. stocks changed direction and erased early gains after the ISM manufacturing index came in lower than expected at 50.3, as new orders contracted and the price measure surged. Investors are also cautious ahead of planned tariffs on Mexico and Canada scheduled to come into effect on Tuesday.
