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 ...
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 ...
CNBC Daily Open: Renewed inflation worries jolt markets
Investors are so worried about inflation returning that the ISM services index's price reading is sending shock waves through ...
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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 ...
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 ...
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 ...
Stock market today: Indexes bounce back as investors aim to end 5-day losing streak
The Santa Claus trading window ends Friday, and a negative return during the seven-day trading window could be a bad sign for ...
Dow ends down nearly 180 points, Nasdaq tumbles 1.9% as Treasury yields surge after job-openings, ISM services data
U.S. stocks finished lower on Tuesday as Treasury yields spiked after a pair of strong economic reports dampened hopes for aggressive Federal Reserve interest-rate cuts this year. The Nasdaq Composite ...