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2 mins read
Stock market today: US stocks pull back from record levels as traders ready for big week of earnings
Company executives are striking an optimistic tone on recent earnings calls, according to Bank of A…
Matthew Fox
2 mins read
Stocks face a 10% drop with key economic data mired in recession territory, investment chief says
The stock market's soft-landing narrative is being challenged, Verdence's Megan Horneman said.
Filip De Mott
2 mins read
Rupee rises 3 paise to end at 83.43 against US dollar
At the interbank foreign exchange, the domestic unit opened at 83.40 and moved in the range of 8…
PTI
4 mins read
Stock market closing: Nikkei makes a sharp rebound, Sensex ends below 79k and Nifty slips below 24k
Britannia (up by 2.81%), JSW Steel (up by 2.35%), Tech Mahindra (up by 1.74%), Larsen and Toubro (u…
2 mins read
Rupee tumbles 31 paise to close at all-time low of 84.03 against US dollar
Forex traders said the downfall in the domestic unit came on the heels of a sharp downturn in the I…
PTI
2 mins read
These 2 key metrics will signal whether small, unloved stocks will continue to beat the market, BofA says
Can the recent outperformance of small-cap stocks continue? BofA is looking at two distinct thresho…
Filip De Mott
2 mins read
Stock market today: Indexes test record highs as dovish jobs report sends bond yields lower
The June jobs "should have Fed officials troubled that the desired cooling in the economy could tra…
Matthew Fox
2 mins read
Key manufacturing data point to the direction of stocks in 2022 — and the S&P 500 will struggle to eke out a gain, Morgan Stanley says
There's a tight correlation between the New York Fed's manufacturing survey and the broad equity in…
Carla Mozée
2 mins read
Stock market today: Stocks trade mixed to kick off June after weak manufacturing data
A nine basis point decline in the 10-year Treasury yield was not enough to boost all three major st…
Matthew Fox
2 mins read
Stock market today: US stocks rise ahead of big week for economic data
"Bad news has been good news for equities over the past two months, but if growth deteriorates too …
Matthew Fox
2 mins read
Services are roaring back to life in a 'post-Omicron rebound' according to one of the most closely watched business surveys
A popular gauge of service-sector health just improved for the first time in three months. Manufact…
Ben Winck
2 mins read
US manufacturing grows at fastest rate in nearly 2 years, backing up hopes for V-shaped rebound
ISM's New Orders Index climbed to 67.6 from 61.5, its highest point in more than 16 years. Producti…
Ben Winck
2 mins read
US manufacturing grows at its fastest rate in 17 months, Institute for Supply Management says
The organization's employment gauge gained to 44.3 from 42.1, remaining deep in contractionary terr…
Ben Winck
2 mins read
US service-sector recovery slows in August as pandemic fears weigh on spending
The Institute for Supply Management's service sector gauge fell for the first time in four months t…
Ben Winck
2 mins read
Key indicators hint the supply-chain crisis is over and inflation will cool off soon
US manufacturers have more products on hand and orders are slowing down. The supply crisis could gi…
Ben Winck
2 mins read
Top US manufacturing index jumped the most since 1980 in June as reopenings spurred growth
The Institute for Supply Management's manufacturing gauge soared 9.5 percentage points to 52.6 last…
Ben Winck
2 mins read
US factories struggle to meet demand as shortages slam production
Hiring difficulties, ballooning order backlogs, and supply-chain disruptions plagued factories in A…
Ben Winck
2 mins read
US manufacturing industry stabilizes after plunging to financial-crisis lows, ISM survey reveals
"May appears to be a transition month," Timothy Fiore, chair of ISM's Business Survey Committee, sa…
Ben Winck
2 mins read
US manufacturing grows at fastest pace in 3 years as expansionary streak pushes on
Employment and new orders improved in February but rising materials prices and supply-chain delays …
Ben Winck
2 mins read
US service sector expands at fastest pace since September as holiday season lifts activity
While supplier deliveries and business activity improved, ISM's gauge of employment entered contrac…