Chris Williamson News

23.08 / 03:44

markets UPS DOW Manufacturing economy NVIDIA reports Stock market today: Wall Street weakens ahead of a highly anticipated speech

U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday

20.03 / 15:35

markets COST wellness Healthcare trends performer information US equity investors increase risk appetite: S&P Global

Sentiment among U.S. equity investors has weakened this month, according to a measure of optimism from S&P Global, but their risk appetite is undeterred.

24.01 / 13:29

COST UPS Manufacturing economy Boeing show UK economy picks up speed but Red Sea crisis hits factories

By William Schomberg

17.01 / 23:59

UPS Manufacturing economy wellness show Headlines Plunge in NY Fed Manufacturing Index Shows Recession Monster Is Alive and Well

The sharp drop in the New York Federal Reserve’s Empire State business-conditions index in January triggered a wave of warnings.

07.01 / 15:38

markets Provident Compilation Analysis economy reports Updates Q4 Support US Q4 GDP Growth Expected to Support Soft Landing Outlook

This month’s official report of US fourth-quarter economic activity, scheduled for release on Jan. 25, will likely confirm that output expanded at a moderate pace, according to a set of nowcasts compiled by CapitalSpectator.com.

15.12 / 09:45

Reuters Williams Manufacturing economy Boeing show reports services UK services firms report another pick-up in December -PMI

By William Schomberg

23.09 / 03:23

COST COMPOSITE pandemic show reports Recession ‘increasingly likely’ in UK: Private sector faces rapid job cuts, fuelling concerns

global financial crisis more than a decade ago. New data from S&P Global has shown that the nation could be sliding towards a recession, with the labour market showing signs of loosening, Bloomberg reported. The reading for September, according to the latest composite Purchasing Managers' Index (PMI) by S&P Global, plummeted to 46.8 from 48.6 in August.

25.07 / 08:41

economics UK Recession recession worries Weakest rise in UK private sector output for six months 'reignites recession worries'

The degree of positive sentiment regarding growth prospects among businesses for the year ahead is now the weakest since December 2022.

24.07 / 20:05

Lowe's Progressive Manufacturing COMPOSITE show services US business activity growth slows as services soften

US business activity slowed to a five-month low in July, dragged down by decelerating service-sector growth, closely watched survey data on Monday showed, but falling input prices and slowed hiring indicate the Federal Reserve could be making progress on important fronts in its bid to reduce inflation. S&P Global said its flash U.S. Composite PMI index, which tracks manufacturing and service sectors, fell to a reading of 52 in July from 53.2 in June.

24.07 / 14:15

Lowe's Progressive Manufacturing COMPOSITE show services U.S. business activity growth slows as services soften

By Safiyah Riddle

24.07 / 10:05

COST Lowe's Manufacturing COMPOSITE show 2020 Sterling heads for longest run of daily losses since 2020

pound headed for a seventh straight day of losses on Monday against the dollar, its longest losing streak since the onset of the pandemic in 2020, after a survey showed Britain's private sector growing at its slowest pace in six months in July. The S&P Global/CIPS composite Purchasing Managers' Index showed a preliminary reading of 50.7, down from 52.8 in June in the biggest month-on-month drop in 11 months. Although above the 50-level that separates growth from contraction, it was the weakest reading since January.Sterling was last down 0.2% on the day at $1.2827 having touched a session low earlier of $1.2808 after a preliminary survey of UK business activity showed a downturn in British manufacturing deepened, while the service sector also slowed.

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