By Peter Nurse and Kim Khan
Investing.com – Rolling updates on the latest developments and headlines from around the world on the Covid-19 pandemic.
11:20 AM ET: Texas, Ohio start to reopen
Texas and Ohio pushed ahead on Friday with a phased relaxation of restrictions that U.S. states put in place weeks ago to curb the coronavirus pandemic, as Georgia took another step toward a full restart by allowing all businesses to reopen.
10:00 AM ET: ISM manufacturing index falls less than expected
The Institute of Supply Management’s April PMI fell less than economists predicted, dropping to 41.5 from 49.1 in March. Expectations for a drop to 36.9.
09:45 AM ET: U.S. manufacturing sector activity sinks to 11-year low
The U.S. manufacturing sector’s contraction accelerated in April, with activity sinking to an 11-year low. Data firm IHS Markit (NYSE:) said its final U.S. manufacturing Purchasing Managers’ Index dropped to a reading of 36.1…