Manufacturing is down slightly from April's numbers, but it's still reflecting productivity. On the Technical side, the Euro is currently at a 4 year low and China's ISM Index has showed it's economy slowing down. As a result, Traders are concerned with the difficult road to our economic recovery may be that much more difficult. China needed to slow it's economy, as it was growing too rapid. With this in mind, then you have to wonder if it's still possible for the US to see any growth any time soon (?). As a result, the Stock Market dropped at the last few ticks of the day. The Bond Market was down for the day, but started much higher than it's close on Friday. As a result, the Interest rates should show some improvement from Friday's numbers.
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