Stocks were mixed, but little changed, on the first trading day of September to kick off a busy week. First, the scoreboard: Dow: 17,063.16, -35.3, (-0.2%) S&P 500: 2,001.37, -2, (-0.1%) Nasdaq: 4,596.86, +16.6, (+0.3%) And now, the top stories on Monday: 1. Three pieces of economic data were released this morning. ISM’s August manufacturing index came in at its highest level since March 2011, coming in at 59.0 against expectations for 57.0. Following the report, Ian Shepherdson at Pantheon Macro said, “In one line: Very strong, but probably overstating the true performance of manufacturing.” Markit’s August manufacturing PMI came …read more
Source: Business Insider
