Source: Richmond Fed Manufacturing in the fifth district extended its expansion streak in April, but firms expect a slowdown in the next six months. QQQ is down 2.45%, while SPY is down 1.60%. The composite manufacturing index was recorded at 14 in April, higher than the 13 in March and 1 in February.The indicator for shipments jumped to 17 from 9, while capacity … [Read more...] about Fifth District Manufacturing Continues Expansion, But Deterioration Seen
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