* Dow On Pace For Worst Day In More Than A Year @CNBC pic.twitter.com/Got5gSPmBC

JPMORGAN: “.. For the S&P 500, assuming markets continue to look through the post- pandemic rise in real GDP and inflation vol, our long-term framework suggests a fair value of around 4925.” $SPX 🇺🇸 pic.twitter.com/OoazIv8vgK

May ⁦@KansasCityFed⁩ Manufacturing Index up to -2 vs. -7 est. & -8 prior; new orders slipped further into contraction but shipments jumped back into expansion; production still in contraction along with average workweek … employment jumped back into expansion pic.twitter.com/uIdLD9vRCh

Initial jobless claims down to 215k vs. 220k est. & 223k prior; continuing claims at 1.794M vs. 1.793M est. & 1.786M prior (rev down from 1.794M) … greatest increases in MI (+0.7k), TX (+0.7k), & IA (+0.3k); greatest decreases in CA (-1.9k), IN (-1.1k), & FL (-0.8k) pic.twitter.com/F66QcvrUcp