U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

History suggests the S&P 500 could hold at a level tied to the 200-week moving average — “at least initially,” BTIG’s chief market technician said.

The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 staffers it employs at the location.

Manufacturers saw incoming new orders rise at its fastest pace in more than three years, signaling that stimulus efforts have already seeped into the economy.