Latest Manufacturing Headlines and the PMI

The New York Times published an article in the February 3rd 2014 New York Times: Markets Sink as Manufactuirng Data Weighs on Investors. Stocks on Wall Street slumped on Monday, with the S.&P. 500-stock index hitting its lowest level since October, after weaker-than-expected data on the American factory sector provided investors with the latest reason to book profits. The United States manufacturing sector grew at a slower pace in January as new order growth plunged by the most in 33 years, while spending on construction projects barely rose in December.