US factory index falls to lowest level 2009

US manufacturing closed out a tumultuous year with the weakest monthly performance since the end of the recession, with orders shrinking and factories continuing to dial back production. Stocks and Treasury yields, already lower after a US airstrike killed one of Iran’s most powerful military leaders, extended declines after the report. Read More Boeing's 737 Max crisis: A turbulent year leads industry to ask tough questions Tesla to deliver its first China-built cars on Monday The Institute for Supply Management’s purchasing managers’ index fell to 47.2 in December from...