US ISM Services Business Activity (Apr) 55.9 (Prev. 53.9)
The ISM Services Business Activity reading of 55.9 for April, up from 53.9, indicates stronger-than-expected expansion in the services sector.
Suzano and Kimberly-Clark (KMB) are set to secure unconditional EU antitrust approval for a USD 3.4bln JV, according to sources
US RCM/TIPP Economic Optimism Index (May) 42.6 vs. Exp. 42 (Prev. 42.8)
US ISM Services Business Activity (Apr) 55.9 (Prev. 53.9)
US EQUITY OPEN: Indices extend higher as Tech names gain with US data due imminently
Fire breaks out in shopping centre west of Tehran, IRNA reports
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This beat could signal continued resilience in economic activity, suggesting potential implications for the Federal Reserve's policy stance as growth and inflation dynamics evolve. Markets may react by adjusting rate expectations in light of this data.
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