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When the index turns negative, it means manufacturing is declining.
However, since the region ranks low both in terms of sensitivity and lack of adaptive capacity, the overall Vulnerability Index turns outs to be low.
Similar(58)
In 2000, the 8.5percentt decline in the index turned into a 15.2percentt plunge, in dollars.
The mid-cap FTSE 250 index turned in a better performance than the top 100.
But last month, the group's manufacturing index turned positive, rising to 52.9, from 48.9 in July.
"The index turned around in the closing auction" in London, said Jimmy Yates, head of equities at CMC Markets.
After opening sharply down after the Labor Department's announcement, the Standard & Poor's 500-stock index turned around, ending the day up over 1.4percentto to 1,951.36.
On Tuesday, the S&P 500-stock index turned negative for the year, stoking fears that one of the longest bull markets in history could be at risk.
In addition, the Nasdaq composite index turned in its best close since December 2000, when the boom in Internet stocks was turning to bust.
[C10.] Nasdaq Gains Early but Ends Lower After adding modestly to Tuesday's record advance, the Nasdaq composite index turned lower in the final hour and closed down 58.57 points, or 1.7percentt, at 3,400.91.
After a giddy 80 percent ascent over six months, the Nikkei 225 stock index turned sharply southward in mid-May and all the horrors of Japan's historic bubble burst seemed to return.
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