As can be seen from the chart below, composite PMI, a leading economic indicator, has been on a rising trend since May 2023. However, its latest reading of 49.8 is still below the threshold of 50 ...

The Dow was up by almost 700 points in morning trading, while the S&P rose by 1.69% and the Nasdaq Composite was higher ... they remain below where they were four years ago. Inflation has slowed ...