Market Brief – Thursday 10/31/19
In overnight trading, China’s Composite Purchasing Manager’s Index (PMI) fell from 53.1 to 52.0 in October, China’s Manufacturing PMI further contracted for the sixth straight month from 49.9 to 49.3 in October, and China’s Non-Manufacturing, or Services, PMI fell to its 8-month low of 52.8. All three PMI’s signal a slowing Chinese economy. Markets fell … Read more