Tuesday, May 01, 2007

Quick Overview

  • The US manufacturing grew more strongly than expected. The Institute for Supply Management manufacturing index rose to 54.7 in April from March's 50.9.

  • The National Association of Realtors said pending U.S. home sales fell 4.9% in March, more than expected.

  • Manufacturing in the U.K. fell from 54.2 to 53.9 in April.

  • A new ETF replicating the DAX Global Russia Index started trading. The index is made up of 30 publicly traded companies domiciled in Russia. Symbol RSX.

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