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10Y Yield Extends Rise After Surge In ISM Manufacturing Prices
10Y Yield Extends Rise After Surge In ISM Manufacturing Prices
After ISM's almost unprecedented bounce higher in January, US Manufacturing dipped in February:
S&P Global Manufacturing PMI fell from 52.4 to 51.6 - weakest in seven months
ISM Manufacturing PMI fell from 52.6 to 52.4 (better than expected)
And this is occurring as 'hard' data ebbs lower...
“February saw US manufacturers report the weakest expansion since last July, in a further sign that the overall pace of economic growth has moderated in recent months," according to Chris Williamson, Chief Business Economist at S&P Global Market...
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Jun 8, 2026 / Tyler Durden
Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations
Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations
US stocks futures rebounded and oil pared much of its overnight gains, following a declaration from Iran that military operations against Israel ended after the biggest military escalation between Iran and Israel overnight. As of 8:00am ET, S&P futures rose 0.7% while those for the Nasdaq 100 climbed 1.4%, with Mag 7 stocks trading mostly higher in premarket trading ahead of Apple's WWDC keynote later today, which may boost the Mag 7 group. Chipmakers that were the hardest hit in Friday’s...
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Beijing Showcased Future War Machines While Trump Was In Town
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NATO Minus US: European Militaries Won't Add Up To Deter Russia
NATO Minus US: European Militaries Won't Add Up To Deter Russia
Authored by John Haughey via The Epoch Times (emphasis ours),
The North Atlantic Treaty Organization’s European nations would need to bolster standing militaries by at least 300,000 troops and significantly boost defense spending beyond 3.5 percent of gross domestic product - at least 250 billion euros - while reviving and integrating their industrial base to defend themselves against Russia without the United States.
And they’d need to do that fast, according to a 2025 joint analysis by European think tanks Bruegel...
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