PMI

The U.S. economy continues to demonstrate impressive resilience, as indicated by the robust performance of the ISM Services PMI, which exceeded expectations in June. While expansion in the service sector is generally viewed as positive news by financial markets, this strong data has heightened...

Manufacturing activity fell for the eighth consecutive month in June, according to the latest Manufacturing Institute of Supply Management (ISM) Report On Business released Monday. The ISM survey revealed the manufacturing PMI gauge was 46 in June, down from 46.9 in May and falling short of...

Renowned businessman and U.S. Global Investors CEO Frank 'Bulldog' Holmes appeared on Benzinga's PreMarket Prep show Wednesday morning to discuss a variety of topics, including how the U.S. Global Jets ETF (NYSE: JETS) is up 15.4% in the last month. JETS counts the “Big 4...

U.S. economic activity, as indicated by S&P Global’s Purchasing Managers’ Indices (PMI), is displaying the first symptoms of deceleration, putting a halt to the strong pace of expansion seen so far this year. The Composite flash PMI reading for June revealed a weakening economic...

The latest Purchasing Managers' Index (PMI) survey from S&P Global showed Tuesday that business activity in the United States reached its highest level in 13 months in May, rising to 54.5 and indicating expansion, although the gap between manufacturing and services continues to widen...

The Purchasing Managers' Index (PMI) flash estimates for both manufacturing and services activity in the U.S., as measured by S&P Global, climbed in April, showing economic expansion and positively surprising analysts' expectations. What To Know The U.S. Services PMI...

Economic activity in the manufacturing sector fell for the fifth month in a row in March, according to the latest Manufacturing Institute of Supply Management (ISM) Report On Business released Monday.  The March Manufacturing PMI came in at 46.3, the lowest since May 2020, down from 47.7...

The SPDR S&P 500 ETF Trust (NYSE: SPY) rallied on Friday after investors got two encouraging data points about the health of the U.S. services sector. The Numbers: The S&P 500 Global U.S. Services PMI index increased from 46.8 in January to 50.6 in February, its highest level since June of...

The Last Week In A Nutshell What Happened: “This is a subdued market. We have recovered from the shock, but there have been a lot of sectors not really participating that much on the upside,” said ARK Invest CEO and CIO Catherine Wood. Remember This: “2020 is a year that is...

FreightWaves, a provider of media and analytics for the transportation and shipping industries has partnered with news and data solution Benzinga in producing a series of actionable, logistics-driven, economic insights. The following will look at the economic recovery following the recent COVID-19...

Stocks sagged Tuesday on disappointing manufacturing data as economists began to worry the United States may be joining Europe and Asia in an industrial slowdown that new figures showed is continuing. The Institute for Supply Management said Tuesday that its U.S. Purchasing Managers Index...

Markit's Services PMI will provide a snapshot of how businesses are feeling about Brexit.  Data usually has a short-lived effect when Brexit is left, right, and center. GBP/USD may drop if the data disappoint. ​​​​​Markit releases its Purchasing Managers' Indicator for the Services...

Congressional Republicans and Democrats joined forces on Thursday to pass the 21st Century Cures Act, a comprehensive piece of healthcare legislation that provides funding for researching some of America’s biggest health concerns. Senate Vote 94–5 The legislation passed a Senate vote 94...