US

       

S&P500 +1.79% (2,978.71);   NASDAQ +1.76% (8,103.07);   DJIA +1.49% (26,797.46)

 

  • August’s Markit Manufacturing PMI rose to 50.3 from July’s 49.9. Services PMI fell to 50.7 from July’s 50.9. Composite PMI fell to 50.7 from July’s 50.9.
  • August’s ISM Manufacturing PMI fell to 49.1 from July’s 51.2. ISM Non-Manufacturing PMI rose to 56.4 from July’s 53.7.
  • July’s Factory Orders jumped 1.4% from June’s +0.5%.
  • August’s Unemployment Rate remained unchanged from July’s 3.7%. Non-Farm Payrolls rose by 130K from July’s +159K. Participation Rate rose to 63.2% from July’s 63.0%.
  • August’s Average Hourly Earnings rose 0.4% from July’s +0.3%. Average Weekly Hours rose to 34.4 from July’s 34.3.
  • Q2 2019 Non-Farm Productivity rose by 2.3% y/y, the same increase as in Q1. Unit Labor Costs rose 2.6% y/y versus Q1’s +2.4% y/y.
  • Initial Jobless Claims for the week ending August 30th rose by 1K to 217K. Continuing Jobless Claims for the week ending August 23rd fell by 39K to 1,662K