Richmond Fed Manufacturing Activity Remained Soft in June

Published on June 24, 2025

Fifth district manufacturing activity remained soft in June, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index rose two points this month to -7, remaining in negative territory for a fourth straight month. This month's reading was higher than the forecast of -10.

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Wall Street Says Buy Tech as Geopolitical Risks Often Contained

June 24, 2025
As tensions in the Middle East mounted to start the week, Wall Street strategists had a message for US equities investors: Stay calm and buy into market declines. The call looked prescient on Tuesday after President Donald Trump announced a ceasefire between Israel and Iran.

Seven Must Reads for This Week (June 24, 2025)

June 24, 2025
FINRA looks to make it easier for BDCs to access IPOs with an exemption from Rules 5130 and 51031 (b), reports AltsWire. Vanguard will restructure its advisory units into two wholly owned entities, according to Ignites.com. These are among the investment must reads we found this week for financial advisors.