ISM services index drops to 52.5% in March from 57.3%, well above expectations of 43%

Good morning, Bay Area. Starting your daily roundup with the economy, the consumer price index rose 3.5% in March, higher than expectations and marking an uptick in inflation. In local transportation, Caltrans said a new section of southbound H.....»»

Stock benchmarks climb on Monday, as U.S. investors saw another round of good economic news from the services sector, adding to the array of improving economic indicators including a stellar March jobs report from last Friday......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Okta Inc. shares dropped in the extended session Wednesday after the identity-management services company's bottom-line outlook fell well short of Wall Street expectations and as company announced a big acquisition......»»

Sonos Inc. fell short of expectations in the March quarter as COVID-19 outbreak forced the closure of physical stores toward the end of March and complicated inventory-rebalancing efforts at one of Sonos’ large retail partners......»»

Sonos Inc. fell short of expectations in the March quarter as COVID-19 outbreak forced the closure of physical stores toward the end of March and complicated inventory-rebalancing efforts at one of Sonos’ large retail partners......»»

Associated Press The Conference Board's consumer confidence index fell to 86.9 in April from 118.8 in March, the largest drop since 1973, according to a Tuesday report. The present situation index fell 90 points in April to 76.4, th.....»»

The IHS Markit flash eurozone services purchasing managers index in April skidded to a record low of 11.7 from 26.4 in March, while the manufacturing PMI fell to a 134-month low of 33.6 from 44.5. Economists according to FactSet had e.....»»

The U.K. consumer price index including owner occupiers' housing costs (CPIH) 12-month inflation rate fell to 1.5% in March 2020, down from 1.7% in February 2020, the Office for National Statistics reported on Wednesday. The biggest cont.....»»

U.S. services sector activity slowed to a more than 3-1/2-year low in March, with industries reporting a moderation in new orders and decline in employment amid the coronavirus pandemic, which has brought the country to sudden stop......»»

The IHS Markit eurozone services purchasing managers index in March slumped to a reading of 26.4 from 52.6 in February, the worst-ever reading in the history of the series. Any level below 50 indicates contracting conditions, an.....»»

The flash eurozone composite purchasing managers index in March plummeted to a reading of 31.4 from 51.6 in February, which is a record low since the series began in July 1998. The services PMI plunged to 28.4 from 52.6 in Februar.....»»

Shares of Zscaler Inc. dropped by more than 20 percent after its outlook for the current quarter and year fell short of Wall Street expectations on Tuesday. The San Jose cloud security has been living in the fast lane since it went public in March 20.....»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

A broad index of world stock markets edged higher on Wednesday while the U.S. dollar fell as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest rate cut from the U.S. central bank this month......»»

A broad index of world stock markets edged higher on Wednesday while the U.S. dollar fell as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest rate cut from the U.S. central bank this month......»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»