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Final S&P Global data showed euro area manufacturing expanded at its strongest pace since 2022 in August. The manufacturing Purchasing Managers’ Index hit a 51-month high of 52.7, supported by production and new orders.
Eurozone Manufacturing PMI final: 52.7. Forecast 52.8; previous 52.8.
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 100 points on Wednesday. The Dow traded up 0.32% to 52,488.18 while the NASDAQ fell 0.43% to 26,102.23. The S&P 500 also fell, dropping, 0.01% to 7,499.07. Leading and Lagging Sectors Communication services shares jumped by 2% on We