Stocks are little changed after the S&P 500’s best week since March: Live updates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks open little changed after the S&P 500’s best week since March: Live updates

Travel and leisure stocks dipped into negative territory, with a 0.5% downturn, followed by retail, which was down 0.4%.Japan's service sectorThe country's services purchasing managers' index came in at 55.9, surpassing the previous record of 55.4 set last month and extending its streak to six straight months of quickening expansion.

It also added that firms' outlook for business activity remained "strongly optimistic," with "particular emphasis placed on the strength of the tourism sector."Hong Kong private sector expansion slows in May as reopening momentum wanes S&P Global said the recent boost to growth in Hong Kong, from the full resumption of travel between the city and mainland China, "was beginning to wane."

The reading saw a recent peak of 57.8 in March, rebounding from a recent low of 46.7 in November as the economy emerged from China's stringent Covid restrictions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cliff Asness on stocks, recession, Buffett, commercial real estateBillionaire investor Cliff Asness talks stocks, recession, Warren Buffett, and commercial real estate in a new interview. Here's the 8 best quotes.
Source: BusinessInsider - 🏆 729. / 51 Read more »

These ‘all weather’ best-in-class stocks are a must-own as summer nears, Morgan Stanley saysMorgan Stanley analysts named a slew of stocks to buy ahead of summer.
Source: CNBC - 🏆 12. / 72 Read more »

11 stocks to buy while markets rally up to 22%: BMOHistory says stocks could rise 22% in the next year as the market rally builds momentum — and investors can profit by buying these 11 stocks, according to BMO Capital Markets
Source: BusinessInsider - 🏆 729. / 51 Read more »