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The ISM Manufacturing PMI fell for the second straight month to 48.2% in Dec from 48.6% in Nov. This is lowest reading since June 2009 when it was 45.8%. Average PMI for Jan through Dec of 51.4% corresponds to 2.6% rise in real GDP on annualized basis. If PMI for Dec is annualized, it corresponds to 1.6% rise in real GDP annually.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.