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 Briefing.com - LIVE market analysis Market Summary  | Stocks On The Move
5/22/2013 4:15 PM ET
[BRIEFING.COM][BRIEFING.COM] The S&P 500 settled lower by 0.8% after early strength turned into afternoon weakness.

Today's headline event came in the form of Ben Bernanke's testimony before the Joint Economic Committee. During his remarks, Chairman...

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UPDATE: Lenovo Fiscal 4Q Net Profit Rises On Cost Control, Strong Shipments    3:20AM ET  - Dow Jones Business News

SABMiller Prioritizes Costs, But Profit Falls    2:47AM ET  - Dow Jones Business News

John Wood Group Gets 5 Year Gulf of Mexico Hess Contract    2:43AM ET  - Dow Jones Business News

Lenovo Fiscal-Year Profit Beats Expectations    1:15AM ET  - Dow Jones Business News

Lenovo 2012-13 Net Profit Beats Expectations    1:11AM ET  - Dow Jones Business News

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  • 3:17 AM   China PMI shrinks for the first time in seven months, dropping to 49.6 from 50.4 in April, missing expectations. HSBC, who collect the data, didn't mince words in an appeal to Beijing: "The cooling manufacturing activities in May reflected slower domestic demand and ongoing external headwinds. A sequential slowdown is likely in the middle of Q2, casting downside risk to China's fragile growth recovery. Moreover, the further signs of labor market slackness call for more policy support. Beijing still has fiscal ammunition to do so." ETFs: [[FXI]], [[GXC]], [[PGJ]], [[YAO]], [[FCHI]], [[PEK]], [[CAF]], [[YXI]], [[XPP]], [[FXP]], [[MCHI]], [[YINN]], [[YANG]], [[TCHI]], [[CHXF]]; [[BONDS]]: [[RMB]], [[DSUM]], [[CHLC]], [[CNY]], [[CYB]], [[FXCH]]
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