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ISM Non-Manufacturing Index Slumps in June But Employment Gains Accelerate
Wednesday, July 3, 2013 - 11:26am | 492The ISM Non-Manufacturing Index, the broad index of services activity in the United States, slipped in June to 52.2 from 53.7 in May. Economists surveyed by Reuters had forecast a reading of 53.7. Output Drops The broad measure of the health of the services economy across the U.S. dropped in June...
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Benzinga Market Primer: Wednesday, April 3
Wednesday, April 3, 2013 - 6:33am | 874Futures Higher On Strong Chinese Services Data U.S. equity futures rallied in early pre-market trade following stronger than expected data on China's services sector. The official Non-Manufacturing PMI in China rose to 55.6 in March from 54.5 in February and the HSBC China Non-Manufacturing PMI...
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Weekly Preview: Non-Farm Payrolls, Global Central Banks in Focus
Friday, March 29, 2013 - 2:44pm | 937Next week, investors eyes will be on the economy as well as some key company earnings as markets attempt to continue to make new highs. In the past week, the S&P 500 Index breached its previous closing high of 1,565.40. Investors now look to economic indicators as to the next move for markets...
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Benzinga Market Primer, Wednesday August 1
Wednesday, August 1, 2012 - 6:55am | 859U.S. equity futures rose early Wednesday ahead of the Federal Reserve's interest rate and policy decision later in the afternoon. Also, data out of China showed that the manufacturing sector continued to expand in June despite the global slowdown. The official manufacturing PMI missed estimates...