S&P Global Services PMI dips slightly, but remains above forecast
The S&P Global Service Purchasing Managers' Index (PMI), a significant economic indicator, has seen a slight decrease in its latest release. The data, published monthly by Markit...
The S&P Global Service Purchasing Managers' Index (PMI), a significant economic indicator, has seen a slight decrease in its latest release. The data, published monthly by Markit...
The latest data on Initial Jobless Claims, a key measure of the health of the US labor market, has been released, indicating a slight uptick in the number of individuals filing for...
- The U.S. dollar rose Thursday, benefiting from robust employment data as well as the uncertainty caused by the Middle East turmoil. At 04:30 ET (08:30 GMT), the...
The U.S. dollar reached a two-week peak compared to the euro, with investors preparing for a week filled with crucial data, including the U.S. payrolls report due on Friday. At...
The euro faces mounting pressure as escalating political polarization in Europe, particularly in Germany, raises alarms over the currency's stability, Macquarie pointed out on...
- Playing for Swiss franc weakness has by far the most consensus trade since the start of the year, according to Bank of America Securities, yet the currency has...
- The U.S. dollar steadied Tuesday as investors look forward to the release of key economic data, including Friday's U.S. payrolls, that could cement an interest rate...
BCA Research expressed skepticism about the sustainability of the recent rally in ASEAN currencies, indicating that a downturn is expected. The research firm pointed to the lack...
The US rental market may see some relief in 2024 upon an injection of fresh apartment supply. Rent prices are expected to stay flat, or "muted", throughout the year, according to RealPage data. Yahoo Finance Housing Reporter Dani Romero summarizes the key takeaways from RealPage's report as Americans continue to seek out rental properties amid inflated prices in the US housing market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The semiconductor sector has outperformed, with the Philadelphia Semiconductor index reaching a record high, gaining 23.7% this year.