Stock Market Today: September 23, 2019

US equity futures retreated on Monday after disappointing economic data from Europe raised fears of a slowdown in global growth.

Here are the main movements of the market in anticipation of the opening bell of the New York Stock Exchange, starting at 9:03 am ET:

• S & P 500 futures contracts (ES = F): -0.08%, or 2.25 points

• Futures contracts on Dow (YM = F): -0.19%, or 51 points

• Nasdaq Futures (NQ = F): + 0.00%, or 0.00 points

• US Crude Oil Price (CL = F): -0.17% at $ 57.99 per barrel

• 10 Year Treasury Return (^ TNX): -5.4 basis points to 1.699%

• Gold (GC = F): + 0.75% at $ 1,526.40 an ounce

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The activity in the key sector of manufacturing in Germany sank in September the lowest level for more than ten years, & nbsp;IHS Markit said Monday& nbsp; in his preliminary report for the month. The country's Manufacturing Purchasing Managers Index (PMI) fell to 41.4, well below the 50-point cut-off and the consensus forecast for an index of 44.0. Germany's composite PMI, which includes both manufacturing and services, fell to 49.1, its lowest level in seven years. "Data-reactid =" 24 "> The activity in the key manufacturing sector in Germany plunged in September to its lowest level IHS Markit announced Monday in its preliminary report that the index of the directors of the country's Manufacturing Purchasing (PMI) had fallen to 41.4, well below the neutral threshold of 50 and consensus expectations at 44.0. The composite PMI, which includes both manufacturing and the service sector fell to 49.1, its lowest level in seven years.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" The numbers are simply horrible. Trade wars, auto industry and Brexit outlook paralyze order books In September, the sector had the worst performance in this sector since the bottom of the 2009 financial crisis, "said Phil Smith, Senior Economist at IHS Markit, in a statement.declaration."data-reactid =" 25 ">" The numbers are just terrible. All the uncertainties surrounding the trade wars, the prospects of the auto industry and Brexit paralyze the order books, and September has recorded the worst performance of this sector since the depths of the financial crisis in 2009, "said Phil Smith, Senior Economist at IHS Markit, in a statement.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The results of the largest economy in the euro area have contribute to ;lower preliminary report data-reactid = "26"> The results of the largest economy in the eurozone contributed to weakening the publication of results for the entire bloc of the single currency in September.

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The Eurozone composite PMI fell to 50.4 for the month, its lowest level in six years, above the level required to indicate an expansion, compared to 51.9 the previous month. With a result of 45.6 out of 47.0 in September, the manufacturing sector in the euro area has plunged further into a more severe contraction. Services-related industries grew at a slower pace, reading 52.0 in September, compared to 53.5 in August.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" The economy of the euro zone is on the point of stalling more and more The slowdown in manufacturing is showing new signs of spread to the service sector, "said Chris Williamson, chief economist at IHS Markit, in a & nbsp;declaration."data-reactid =" 39 ">" The economy of the euro zone is about to stall, an increasingly important slowdown in the manufacturing industry shows new signs of spread to the service sector said Chris Williamson, chief economist at IHS Markit, in a statement.

Meanwhile, investors have analyzed new developments in trade talks between the United States and China. On Friday, stocks reversed their course and ended the session lower after the announcement that mid-level Chinese traders who met their US counterparts in Washington, DC, would not meet Montana and Nebraska farms as planned. originally.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "While the change of time was largely inferred Due to a cancellation by the Chinese delegation, new reports suggest the opposite.The US would have asked Chinese negotiators not to meet farmers in the center of the country for unspecified domestic reasons, & nbsp;Bloomberg reported Sunday, quoting anonymous people well versed in business. "data-reactid =" 41 "> Although the change in schedule was largely attributed to a cancellation by the Chinese delegation, new reports suggest the opposite: the United States would have asked the Chinese Negotiators do not meet farmers in the center of the country for unspecified domestic reasons, Bloomberg said Sunday, quoting unnamed people familiar with the matter.

High-level meetings between the United States and China are expected to take place in Washington during the second week of October, the Bloomberg report added, corroborating other recent information suggesting that both parties are getting together. would meet again next month.

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