Philly Fed Nonmanufacturing Business Outlook Survey (June 2026): General Business Activity (Region): -25.8 (exp. -16.0, prev. -23.6)

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Daily US Equity Opening News - Tech selloff follows Asia weakness; IBM rises on Trump mention; APO fund caps redemptions

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Philly Fed Nonmanufacturing Business Outlook Survey (June 2026): General Business Activity (Region): -25.8 (exp. -16.0, prev. -23.6)

Ukraine reportedly believes it has secured White House backing for a campaign aimed at forcing Russia into meaningful negotiations; Trump privately told Zelensky to act "more boldly"

UK tribunal gives go-ahead for USD 4bln lawsuit against Apple (AAPL) over iCloud services

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Current Indicators

  • General Business Activity (Region): -25.8 (prev. -23.6)
  • General Business Activity (Firm): 2.4 (prev. -3.8)
  • New Orders: -0.7 (prev. -0.8)
  • Sales/Revenues: 19.6 (prev. -7.6)
  • Unfilled Orders: 1.0 (prev. 1.7)
  • Inventories: -1.2 (prev. -1.2)
  • Prices Paid: 25.8 (prev. 36.5)
  • Prices Received: 20.2 (prev. 13.1)
  • Number of Employees – Full-Time Permanent: -4.8 (prev. -1.1)
  • Number of Employees – Part-Time, Temporary & Contract: 0.1 (prev. 5.4)
  • Average Employee Workweek: 0.3 (prev. 1.7)
  • Wage & Benefit Costs: 39.7 (prev. 33.7)
  • Capital Expenditures – Physical Plant: 4.9 (prev. 14.5)
  • Capital Expenditures – Equipment & Software: 15.0 (prev. 6.0)

Forward-Looking Indicators (6-Month Expectations)

  • General Business Activity (Region): -10.5 (prev. -9.6)
  • General Business Activity (Firm): -0.3 (prev. 14.4)

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