Economy gets holiday boost, ISM finds, but businesses worry about tariffs and inflation
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential ...
Stock Market Today: Dow ends down nearly 180 points, Nasdaq tumbles 1.9% as Treasury yields surge after job-openings, ISM services data
Ten-year Treasury yields were hovering just shy of their highest since last May, and the 30-year yield was close to its ...
Why the bond market is throwing a tantrum that could tank stocks
Markets see just one rate cut coming in 2025 amid strong economic data and the potential for Trump's economic plans to stoke ...
US service sector growth picks up; input prices gauge highest in nearly two years
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year ...
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December Services-Sector Expansion Accelerates Above Consensus, ISM Survey Shows
The US services sector expanded faster than expected last month as business activity picked up, according to Institute for Supply Management data released Tuesday. The ISM's purchasing managers' index ...
Stock market today: Indexes close lower as new data clouds rate cut views
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest ...
Material Handling Industry Outlook Is Positive Despite Weak December
Material handling data from the industry group MHI weakened in December compared to November. However, the outlook over the ...
Morning Bid: A JOLT of reality for markets
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Dollar Rises After Strong U.S. Data. Fed Minutes Could Add to Gains.
The dollar was rising after strong U.S. economic data Tuesday firmed expectations that the Federal Reserve will take a cautious approach to cutting interest rates. U.S. job openings increased to a six ...
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Manufacturing PMI® at 49.3%; December 2024 Manufacturing ISM® Report On Business®
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: "The Manufacturing PMI® registered ...