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Benzinga Market Primer: Wednesday, June 5: Services PMI Day
Wednesday, June 5, 2013 - 6:31am | 1285Futures Slightly Lower on Global Economic Data U.S. equity futures traded slightly lower in early Wednesday trade after stocks broke the 20-Tuesday winning streak yesterday. Markets eye key economic reports from around the world heading into trading Wednesday as global service PMIs are due out...
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Benzinga Market Primer: Tuesday, June 4
Tuesday, June 4, 2013 - 6:25am | 1359Futures Marginally Lower Ahead of Quiet Day U.S. equity futures traded marginally lower after Monday's gains heading into a quiet day both on the earnings and economics calendars. Should the S&P 500 post gains today, it would mark the 21st consecutive Tuesday of gains. Top News In other news...
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Benzinga Market Primer: Friday, May 3: Non-Farm Payrolls Edition
Friday, May 3, 2013 - 6:24am | 1140Futures Lower Ahead of Non-Farm Payrolls, Lower EU Outlook U.S. equity futures traded lower in early pre-market trade ahead of the Non-Farm Payrolls report for April and following the EU Commission cutting its growth forecasts. Looking at Non-Farm Payrolls, economists surveyed by Bloomberg are...
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Benzinga Market Primer: Thursday, May 2
Thursday, May 2, 2013 - 6:53am | 1093Futures Higher On Central Banks U.S. equity futures rose slightly in early pre-market trade following the FOMC saying that it is prepared to increase or decrease asset purchases depending on the state of the economy. Today, the European Central Bank is set to release its interest rate decision and...
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Benzinga Market Primer: Thursday, April 4
Thursday, April 4, 2013 - 6:21am | 868Futures Higher on BoJ Easing, Eyeing BoE, ECB U.S. equity futures rose on new rounds of easing from the Bank of Japan in hopes that continued and increased central bank stimulus can continue to prop up the global economy. The BoJ is to increase purchases to seven trillion yen per month, or about...
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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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British Services PMI Surges To 56.0 In January
Friday, February 3, 2012 - 6:29am | 24The Markit/CIPS purchasing managers index for Britain's services sector climbed to 56.0 in January, versus 54.0 in December. However, economists were expecting a reading of 53.3.
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British Services PMI Rises To 53.9 In June
Tuesday, July 5, 2011 - 5:21am | 39Growth in Britain's services sector rose marginally in June, according to the CIPS/Markit purchasing managers index for the sector. The index rose to 53.9 in June, from a reading of 53.8 in May. However, economists were expecting a drop to 53.5.