Source: Markit Economics Business activity in the United States dropped to a three-month low in April, on the back of the continuous increase in prices. QQQ is down 0.75%, while SPY is down 1.19%. The US PMI Composite Output Index slipped to 55.1 from 57.7 in March, hitting the lowest level in three months.The decline was attributed to the challenges such as rising … [Read more...] about US Business Output Falls to Three-Month Low as Inflation Continues to Accelerate
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