Wednesday 2 June 2021

Markets mixed, global manufacturing activity improves

Markets were mixed on Tuesday.

The STOXX Europe 600 rose 0.8 percent and the Shanghai Composite rose 0.3 percent but the Nikkei 225 fell 0.2 percent and the S&P 500 was flat.

Manufacturing purchasing managers data on Tuesday were positive.

In the US, the Institute for Supply Management's index of national factory activity rose to 61.2 in May from 60.7 in April.

In the euro zone, the IHS Markit manufacturing PMI rose to a record high of 63.1 in May from 62.9 in April.

In China, the Caixin/Markit manufacturing PMI rose to 52.0 in May from 51.9 in April.

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