VWO - India Elections Pull Down Asia Europe Markets Dip And Crude Drops 2% Hitting $72 - Global Markets Today While US Slept | Benzinga
On Monday, June 3rd, the U.S. stock markets exhibited mixed results. The S&P 500 and Nasdaq both saw modest gains during a volatile trading session, influenced by disappointing manufacturing data and a technical issue at the New York Stock Exchange that temporarily halted trading for numerous stocks.
According to economic data, U.S. construction spending dipped 0.1% month-over-month to $2,099 billion in April, compared to a 0.2% decline previously and against expectations of a 0.2% rise. The ISM manufacturing PMI also dropped to 48.7 in May from 49.2 in April, missing market forecasts of 49.6.
A technical glitch at the New York Stock Exchange caused significant fluctuations in shares of Berkshire Hathaway and Barrick Gold. The issue led to trading halts for at least 60 NYSE-listed stocks before the exchange resolved the problem and trading resumed.
Most S&P 500 sectors ended lower, with industrials, utilities, ...