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 ...
Why the bond market is throwing a tantrum that could tank stocks
Markets see just one rate cut coming in 2025 amid a confluence of strong economic data and the potential for Trump's economic ...
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 ...
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 ...
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 ...
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 ...
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 ...
10-year Treasury yield hold near 8-month high as investors fret over stubborn inflation
Treasury yields were little changed in early trading, with the 10-year hovering near its highest since late April. The latest surge in Treasury yields to multi-month peaks had a few factors behind it, ...
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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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 ...