25 Stocks For Short-Term Bulls

U.S. manufacturing PMI data for May was the worst since 2009

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Midday Market Check
 
 

5/23/2019

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Dow Falls as Manufacturing Data Adds to Trade Fears

By Josh Selway

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The Dow Jones Industrial Average (DJI) is lower again as the trade picture seemingly gets murkier by the day. With concerns swirling about U.S.-China trade talks, or lack thereof, the tech sector is getting hammered, while the energy space is also struggling during a sell-off in oil prices. July-dated crude was last seen down 5.2% at $58.20 per barrel, falling alongside equities in part because the IHS Markit's manufacturing purchasing managers index (PMI) for the U.S. fell to its lowest level since 2009 in May.

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