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.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
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.
Bron: BusinessInsider - 🏆 729. / 51 Lees verder »
Bron: CNBC - 🏆 12. / 72 Lees verder »
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
Bron: BusinessInsider - 🏆 729. / 51 Lees verder »