A Monday report on manufacturing from the Institute for Supply Management gave a reading of 59.3, where anything above 50 indicates growth. But Friday's upcoming jobs report may show a fourth straight month of weakening job growth, according to economists' projections. But even if they don’t, the worry is that fear about the virus will keep customers away from businesses by itself. Such worries helped drive the S&P 500 to a 5.6% loss last week. Corporate profits, meanwhile, are weaker than year-ago levels but continue to be better than Wall Street had feared.

Source: Daily Sun November 02, 2020 15:56 UTC