Frankfurt Encouraging corporate balance sheets only briefly lured investors back to Wall Street. The Dow Jones initially rose at the opening on Wednesday, but then turned negative and was listed at 32,850 points. Also the S&P 500 slipped into the red and lost 0.6 percent at times. The technology exchange Nasdaq fell by 0.3 percent.
US industry surprisingly increased its pace of growth in May. The purchasing managers’ index rose to 56.1 points from 55.4 points in April, according to the Institute for Supply Management (ISM) company survey released on Wednesday. The barometer is thus well above the growth threshold of 50 points. Experts polled by Archyde.com had expected a drop to 54.5 points.
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