Loading...
Loading...
Orders for U.S. durable goods fell 1.3 percent last month, versus expectations of 0.9 gain percent. The weakness suggests ongoing slow than anticipated growth in the manufacturing sector, although the durable goods number can be very volatile on month to month. Excluding transportation, durable goods fell 0.2 percent, following a rebound of 0.7 percent in August. Expectations were for a gain of 0.5 percent.
Following the release, the S&P 500 futures fell 4.00 points, or .22 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in