🇺🇸🇯🇵 What is the ISM Manufacturing Economic Activity Index that caused a sudden decline in the market?

Both US and Japanese stocks experienced a significant decline...😮‍💨

US stocks on the previous day had a weak performance from the opening due to adjustments in positions at the beginning of the month and an underestimation of geopolitical risks, with semiconductor stocks leading the decline.

Afterwards, the results were announced at 23:00.ISM Manufacturing Business Activity IndexThis further fueled the decline.

The ISM Manufacturing Index fell below the pre-estimated figure, and the weak new orders and other factors were major causes of the significant decline.

In the video, we explain the ISM Manufacturing Index in detail and also discuss the US stock market from the previous night, the Japanese stock market today, and the recent market outlook. Please take a look! ✨️