TELETRADER News
12/1/2022, 10:03 PM (Source: TeleTrader)
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US closes mixed after manufacturing data

Major US stock markets closed mixed on Thursday as fresh data showed the US manufacturing sector last month hit the lowest point since May 2020. The day saw the euro attaining a new five-month high against the dollar, as well as Salesforce shares dropping 10% in the aftermath of the release of its corporate results. Investors are also still assessing Fed Chair Jerome Powell's statement on slowing down the pace of rate rises this month.

The Dow Jones fell 0.56% at the close, with Salesforce pulling the index down by 8.27%. The Nasdaq 100 rose 0.10%, while Splunk surged by 17.78%. The S&P 500 was mostly flat, slightly falling by 0.08%, as Salesforce lead the losses, dropping 8.27%.

The euro was up by 1.12% against the dollar at 3:59 pm ET, selling for $1.05245.

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