In the agenda of indicators, the US composite purchasing managers’ index (PMI), prepared by
For Oanda, operators are optimistic that, even if there is a recession, it should be “short”. In addition, it recalls that the labor market remains strong, but considers “valid” the concerns with growth, given the PMI numbers today.
In the stock markets, among the sectors of the S&P 500 there was no single signal. Energy was among the falls, on a down day for oil, and the financial and industrial sectors also registered falls. Technology, communications services, and consumer-related stocks rose.
One sector also in focus was arms manufacturers. Smith & Wesson, for example, rose 9.62% on the day the