US NY Empire State Manufacturing Index (Apr) 11.00 vs. Exp. -2 (Prev. -0.20, Low. -6, High. 5.0)
The NY Empire State Manufacturing Index coming in at 11.00 against an expected -2 is a significant beat, suggesting a stronger manufacturing sector than anticipated.
Wells Fargo (WFC) removed from Bank of America Tier 1 list
The US did not officially agree to the extension of the ceasefire. The talks between the US and Iran continue with the aim of reaching an agreement, i24 News reports
US NY Empire State Manufacturing Index (Apr) 11.00 vs. Exp. -2 (Prev. -0.20, Low. -6, High. 5.0)
Progressive (PGR) Q1 2026 (USD): EPS 4.80 (exp. 4.82), Net premiums written 23.6bln (exp. 23bln)
Drone targets Iranian Kurdish opposition camp in Iraq's Erbil, according to reports
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- New Orders index +19.3 (prev. +6.4)
- Prices Paid +51.0 (prev. +36.6)
- Employment +9.8 (prev. +5.8)
- Six-month business conditions +19.6 (prev. +31.0)
The rise in the New Orders index and Employment metrics indicates robust demand and hiring prospects, although the decline in the six-month business conditions index might signal some caution. This data could have implications for overall growth outlook and monetary policy, particularly as it reflects upward pressures on prices paid.
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