US ISM Services PMI (Oct) 54.5 vs. Exp. 54.8 (Prev. 54.9)
Newsquawk Staff ·
- “The past relationship between the Services PMI® and the overall economy indicates that the Services PMI® for October (54.5 percent) corresponds to a 2-percentage point increase in real gross domestic product (GDP) on an annualized basis.”
Sources
- [MARKET ANALYSIS] Fixed firms as energy slips and some haven allure comes from the Nvidia/NQ tech pressure
- Daily US Equity Opening News - NVDA board considers CEO ouster after fresh affair allegations; Hon Hai Q3 net profit beat; CRWV slides on USD 4bln financing report; CTVA down on guidance cut; PFE & BX agree USD 1.5bln obesity co-funding
- EUROPEAN OPEN: NVDA falls amid further CEO allegations; Hon Hai Q3 profit tops expectations; SIE GY Q4 revenue beat, confirms SHL GY distribution; RR/ LN announces GBP 1.5bln buyback; MRK GY raises FY26 revenue & EBITDA view; HLAG GY lifts EBITDA guidance
- UK GDP Growth Rate Prel (Q3 QQ) 0.7% vs. Exp. 0.7% (Prev. 0.5%)
- UK GDP (Sep MM) 0.2% vs. Exp. 0% (Prev. 0.0%)
Related headlines
- UK GDP Growth Rate Prel (Q3 YY) 1.9% vs. Exp. 1.9% (Prev. 1.4%)3 hours ago
- [MARKET ANALYSIS] Dollar holds on to recent spoils after extending on advances yesterday amid a lack of fresh catalysts on Veterans Day7 hours ago
- Newsquawk US Market Wrap - Stocks gain as CoreWeave earnings ease AI fears13 hours ago
- UK GDP 3-Month Avg (Sep) 0.7% vs. Exp. 0.7% (Prev. 0.6%)3 hours ago
- UK GDP (Sep YY) 2.1% vs. Exp. 1.9% (Prev. 2.0%)3 hours ago
- Citrini's Jukan says that "One thing I’ve been able to confirm is that NVIDIA's (NVDA) Rubin has been delayed again. I’m told motherboard warpage caused the latest delay and that the HBM issue was resolved in October"1 hour ago
- Newsquawk Daily European Equity Opening News - 12th November 20263 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks are somewhat mixed amid a fallout from NVIDIA CEO's extramarital affairs7 hours ago
- [MARKET ANALYSIS] T-note futures mildly rebound from the prior day's trough amid lower oil prices and with risk sentiment clouded by the NVIDIA fallout 8 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: HSBC (5 HK) is exploring expanding its presence in Singapore to reduce its reliance on China, while it plans to combine its separate Singapore units as part of a broader simplification effort9 hours ago
- Newsquawk Daily Asia-Pac Opening News - 12th November 202612 hours ago
- US President Trump on Thursday authorised a crackdown on companies suspected of diverting Nvidia's (NVDA) advanced AI chips to China, reports Axios citing sources13 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 7 TICKS LOWER AT 106-0114 hours ago
- US FX WRAP: Dollar extends on recent gains as G10 FX loses out 14 hours ago
- Italy sells EUR 5.25bln vs exp. EUR 5-5.75bln 3.00% 2029, 3.35% 2033 BTP & EUR 1.5bln vs exp. EUR 1-1.5bln 4.10% 2046 BTP Green26 min ago