Tuesday, 1 June 2021

Dow, S&P 500, Nasdaq Pare Gains on Soft ISM Manufacturing PMI

The Dow Jones Industrial Average, S&P 500, and Nasdaq are peeling back from their gaps higher to start the first day of trading in June as markets digest a lukewarm ISM manufacturing PMI report.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...