Five Things Everyone Will Be Talking About Today
A morning full of data, get caught up here
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It's PMI-day, stocks in Hong Kong fall from the sky and European leaders head to Latvia. Here are some of the things that people are talking about in markets today.
PMI data is coming in thick and fast: HSBC's gauge of manufacturing in China remained in contraction territory. In the euro zone the data also pointed to a slowing economy, a composite index of services and manufacturing slipped to 53.4 in May from 53.9 in April. U.S. manufacturing PMI is due at 9:45 ET. Also from the U.S. today we'll the latest on Initial Jobless Claims, Philly Fed Manufacturing, Existing Home Sales, and Kansas City Fed Manufacturing Activity.