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The Zhitong Finance App learned that on Monday, the Dow broke through 49,000 points for the first time and is now up 1.3%. Major US bank stocks have reached record highs. Goldman Sachs (GS.US) has risen nearly 5%, J.P. Morgan Chase (JPM.US), Morgan Stanley (MS.US), and Bank of New York Mellon (BK.US) have risen more than 3%, and Wells Fargo (WFC.US) and Bank of America (BAC.US) have risen more than 2%. According to the news, the American Institute for Supply Management (ISM) announced that the US manufacturing purchasing managers' index (PMI) fell to 47.9 in December 2025, down from 48.2 in November, a new low since October 2024, and also significantly below the 48.4 expectations given by economists in media surveys.

Zhitongcaijing·01/05/2026 15:57:03
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The Zhitong Finance App learned that on Monday, the Dow broke through 49,000 points for the first time and is now up 1.3%. Major US bank stocks have reached record highs. Goldman Sachs (GS.US) has risen nearly 5%, J.P. Morgan Chase (JPM.US), Morgan Stanley (MS.US), and Bank of New York Mellon (BK.US) have risen more than 3%, and Wells Fargo (WFC.US) and Bank of America (BAC.US) have risen more than 2%. According to the news, the American Institute for Supply Management (ISM) announced that the US manufacturing purchasing managers' index (PMI) fell to 47.9 in December 2025, down from 48.2 in November, a new low since October 2024, and also significantly below the 48.4 expectations given by economists in media surveys.