From Yahoo Finance: 2025-04-01 11:02:00

Activity in the manufacturing sector slipped into contraction as costs surged due to President Trump’s tariff policy. The Institute for Supply Management’s manufacturing PMI registered a reading of 49.0 in March, below expectations. The prices paid index surged to 69.4, reflecting companies’ cost increases. S&P Global’s manufacturing PMI also decreased to 50.2 in March. Chris Williamson stated US manufacturers’ strong start faltered due to tariff uncertainties. Manufacturers are concerned about customer spending delays and rising costs.



Read more at Yahoo Finance: Dow drops as S&P 500, Nasdaq rise in countdown to Trump’s tariff reveal