Howard Lutnick Says 'Tariffs Are Working,' Slams Critics After ISM Manufacturing Beats Expectations: 'The So-Called Experts Were Wrong' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), State Street SPDR S&
Benzinga·2026-02-03 08:57

U.S. Commerce Secretary Howard Lutnick declared a major victory for the Donald Trump administration's trade agenda on Tuesday, pointing to a surprisingly strong rebound in factory activity as definitive proof that protectionist policies are delivering results.Historic ReboundThe Institute for Supply Management (ISM) reported that the manufacturing sector expanded in January for the first time in over two years, snapping a historic streak of contraction.The Manufacturing PMI surged to 52.6%, up from 47.9% in ...