On the latest edition of Market Week in Review, Senior Portfolio Manager Megan Roach and Research Analyst Laura Bardewyck discussed key takeaways from recent economic data releases. They also provided updates on the spread of the coronavirus, government relief programs and equity-market performance.
June surveys show improvement in the manufacturing sector
Manufacturing data released the week of June 29 was broadly positive on a global scale, Roach said, noting that purchasing managers' indices (PMIs) in roughly 10 different countries improved during June. "At the aggregate global level, the J.P.Morgan Global Manufacturing PMI rose to a