Latest News for: Economist index

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U.S. stocks rise after S&P 500's worst half year in decades

China.dot.org 02 Jul 2022
The Nasdaq Composite Index added 99.10 points, or 0.90 percent, to 11,127.84 ... The Institute for Supply Management said Friday that its manufacturing PMI (Purchasing Managers' Index) fell to a ... Economists polled by The Wall Street Journal had forecast the index to total 54.3 percent.
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Weaker US factory output points to slowing economy

The Times/The Sunday Times 02 Jul 2022
The Institute for Supply Management’s (ISM) index fell from 56.1 in May to 53 last month. Economists had expected a reading of 54.9 ... .
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HAMISH MCRAE: Will there be a better second half to the financial year? Well, it ...

The Daily Mail 02 Jul 2022
The S&P500 was down 21 per cent by Thursday's close, the high-tech Nasdaq index down 30 per cent, and the Dow Jones nearly 16 per cent ... We are even higher at 9.1 per cent on the CPI, though if you include housing costs for owner-occupiers, the so-called CPIH index is 'only' 7.9 per cent.
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US stocks see worst first half drop in over 50 yrs

Suryaa 01 Jul 2022
In the last six months, the benchmark S&P 500 index fell 20.6 per cent, while other major US indexes also dropped sharply, the BBC reported ... Some economists expect the US, which is the world's biggest economy, to go into a recession as early as this year as interest rates continue to rise.
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US stocks see worst first half drop in more than 50 years

BBC News 01 Jul 2022
In the last six months, the benchmark S&P 500 index fell 20.6%, while other major US indexes also dropped sharply ... Some economists expect the US, which is the world's biggest economy, to go into a recession as early as this year as interest rates continue to rise ... Major stock market indexes outside the US have also fallen sharply this year.
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Consumer spending slips in May

Arkansas Democrat-Gazette 01 Jul 2022
The core PCE price index increased 0.3%, less than expected ... The median forecasts in a Bloomberg survey of economists called for a 0.3% decline in inflation-adjusted spending from the prior month and for the overall price index to be up 6.4% from a year earlier ... economists Tim Quinlan and Shannon Seery said in a note after the report.
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Stocks slide, with Wall Street closing out worst first half since 1970

The Keene Sentinel 01 Jul 2022
The S&P 500 index edged 0.9 percent lower Thursday to bring its 2022 losses to 20 percent ... The slump follows a record-shattering performance in 2021, and all the major indexes remain above their levels before the pandemic began in 2020 ... Economists had expected the index to come in at 4.8 percent, according to CNBC.
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U.S. manufacturing sector slows in June; new orders measure contracts -ISM

Reuters 01 Jul 2022
The Institute for Supply Management (ISM) said on Friday that its index of national factory activity dropped to 53.0 last month, the lowest reading since June 2020, when the sector was rebounding from a COVID-19 slump ... Economists polled by Reuters had forecast the index would fall to 54.9.Register now for FREE unlimited access to Reuters.com.
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U.S. manufacturing sector slows in June; new orders measure contracts – ISM

FX Empire 01 Jul 2022
The Institute for Supply Management (ISM) said on Friday that its index of national factory activity dropped to 53.0 last month, the lowest reading since June 2020, when the sector was rebounding from a COVID-19 slump ... Economists polled by Reuters had forecast the index would fall to 54.9.
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US inflation high but stable in May

The Manila Times 01 Jul 2022
The personal consumption expenditures (PCE) price index rose 6.3 percent compared to May 2021, still high but the same pace as in the prior month, the Commerce Department reported Thursday. The index jumped 0.6 percent compared to April, much faster than in the prior month, but slightly below what economists had projected.
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U.S. manufacturing sector expands slower in June amid contraction in new orders

China.dot.org 01 Jul 2022
The Purchasing Managers' Index (PMI) stood at 53 percent, down 3.1 percentage points from the May reading ... "The ISM manufacturing index slid to its lowest reading in two years amid a contraction in new orders," Tim Quinlan and Shannon Seery, economists at Wells Fargo Securities, wrote in an analysis.
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U.S. manufacturing growth weakens to two-year low as orders slump

The Spokesman-Review 01 Jul 2022
The figure was weaker than most economists’ estimates in a Bloomberg survey, which had a median projection of 54.5. The group’s index of new orders dropped nearly 6 points to 49.2, the poorest result since May 2020, when the economy was digging its way out of the pandemic-induced recession.
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Asia's factories week despite China bounce, feeds global recession fears

RTE 01 Jul 2022
But now there's a risk of slowdown in the US and European economies," said Yoshiki Shinke, chief economist at Japan's Dai-ichi Life Research Institute. "It will be a tug-of-war between the two, though there's a lot of uncertainty over the global economic outlook," the economist added.
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How Russia’s war blindsided the world of ESG investing

FX Empire 01 Jul 2022
The fund reduces the weighting of some of its holdings if a company’s home country receives a low score in The Economist magazine’s Democracy Index ... Some $100 billion is held in passively managed funds linked to sustainable indexes compiled by MSCI and others according to Sustainable Research and Analysis.
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How Russia's war blindsided the world of ESG investing

Reuters 01 Jul 2022
The fund reduces the weighting of some of its holdings if a company's home country receives a low score in The Economist magazine's Democracy Index ... Some $100 billion is held in passively managed funds linked to sustainable indexes compiled by MSCI and others according to Sustainable Research and Analysis.

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