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Search results for "PMI"



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Stocks close mixed; Dow posts narrowest trading range of year

U.S. stocks closed narrowly mixed in low volume trade after a slew of data releases Wednesday, the last full trading day of the holiday week.
Source: CNBC.com | By: Evelyn Cheng
Business events scheduled for the coming week

WASHINGTON— Institute for Supply Management releases its manufacturing index for November, 10 a.m.; Commerce Department releases construction spending for October, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Mortgage company Freddie Mac releases weekly mortgage rates, 10 a.m.; Institute for Supply Management releases...
Source: The Associated Press | By: By The Associated Press
Stocks eke out gains after Russian jet downed; energy jumps 2%

U.S. stocks closed mostly higher, as gains in oil prices and energy stocks helped offset an earlier decline following news of a downed Russian jet.
Source: CNBC.com | By: Evelyn Cheng
Stocks close mildly lower; oil, data eyed

U.S. stocks closed mildly lower as investors eyed fluctuations in oil prices and looked ahead to data in the shortened Thanksgiving holiday week.
Source: CNBC.com | By: Evelyn Cheng
WRAPUP 2-Tight inventories, rising prices hurt U.S. home sales

WASHINGTON, Nov 23- U.S. home resales fell in October as a persistent shortage of properties limited choice for potential buyers and pushed up prices, suggesting some softening in the pace of the housing market recovery after strong gains early this year. "The housing market is in decent shape but could be a lot better if people decided they were ready to move and...
Source: Reuters | By: Lucia Mutikani
European stocks close lower as oil price seesaws

European equities pared losses but still traded lower on Monday with investors reacting to price fluctuations in the oil market.
Source: CNBC.com | By: Arjun Kharpal
UPDATE 1-Euro zone business growth at four-year high

*PMI points to Q4 GDP growth of 0.4-0.5 pct- Markit. LONDON, Nov 23- Business activity in the euro zone picked up at its fastest pace since mid-2011 this month, and far quicker than expected, as slowing growth in France following the Nov. 13 attacks was offset by a buoyant Germany. With firms cutting prices for a second month, Markit's Composite Flash Purchasing...
Source: Reuters | By: Jonathan Cable
French economy already hurting from attacks, survey finds

In an early snapshot of economic activity during November, financial information company Markit has found that service providers reported that the terrorist attacks in Paris had "negatively impacted on activity." Partly because of that, Markit said its purchasing managers' index for France— a broad gauge of business activity— fell to a 3- month low in November...
Source: The Associated Press | By: By PAN PYLAS, Associated Press
Don't ignore what could be jolly season for stocks

Stocks had their best week of the year and the upswing could continue into Thanksgiving week, usually a good one for the market.
Source: CNBC.com | By: Patti Domm
Euro zone business activity expands despite attacks

Manufacturing and services output in the euro zone rose above expectations in November despite the series of terror attacks in Paris.
Source: CNBC.com | By: Holly Ellyatt