Meanwhile, Trump's former campaign manager Paul Manafort has been shipped to Rikers Island in New York while he faces state criminal charges.
Finally, factory shipments dropped by the most since 2017 in April according to the Commerce Department. Factory orders for March were also revised significantly downward.
Factory goods orders declined 0.8%, pulled down by soft demand for transportation equipment, computers and electronic orders, and primary metals, the Commerce Department said on Tuesday. Data for March was revised down to show factory orders increasing 1.3% instead of surging 1.9% as previously reported. [...]
Shipments of manufactured goods fell 0.5 percent in April, the largest drop since April 2017, after rising 0.2% in March. The inventories-to-shipments ratio increased to 1.37 from 1.36 in March.