US S&P Global Manufacturing PMI Final (May) 55.1 vs. Exp. 55.3 (Prev. 54.5)

Newsquawk StaffPublished 1 Jun 2026, 14:05 UTCOn the live feed at 13:45 UTC — 9 more headlines followed before this page went public

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13:51

US EQUITY OPEN: Tech outperforms as NVDA/MSFT announce Windows AI superchip, but risk-off seen amid US/Iran reporting

13:46

Russian authorities are preparing a new package of measures to saturate the domestic fuel market, according to RBC News citing sources

13:45

US S&P Global Manufacturing PMI Final (May) 55.1 vs. Exp. 55.3 (Prev. 54.5)

13:41

An Iraqi security source denied reports of an explosion on a large cargo ship in the port of Umm Qasr in southern Iraq, calling the incident the result of a mechanical failure

13:36

Siemens (SIE GY) and partners develop reference architecture purpose-built for Nvidia (NVDA) AI data centers

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"...stockpiling was again widely evident in May and makes it hard to take an accurate reading on the underlying health of the manufacturing economy, as growth will cool once this stock build has run its course."
"The incidence of supply chain delays is the highest since August 2022, with the buying of safety stocks not only adding to the supply squeeze from the closure of the Strait of Hormuz but also pushing prices higher for a wide variety of inputs. The resulting steep jump in producer costs sends a worrying signal that broader economy inflation has further to rise in the coming months."

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