The S&P Global U.S. Manufacturing PMI hit 55.7 in the flash reading for June, up from 55.1 in May. The S&P Global U.S. Services PMI hit 51.3 in the flash reading for June, up from 50.7 in May. $69 bln ...
High yield: 4.071% Bid-to-cover: 2.64 Indirect bid: 57.6% Direct bid: 30.1% Briefing.com uses cookies to operate the site, maintain security, remember preferences, and provide subscription features.
U.S. Treasuries had a mixed finish to the week, as 10s and shorter tenors recorded their fourth day of gains in a row while the long bond underperformed, finishing with a slim loss. The Friday session ...
The major averages started this full week of trading that is sandwiched between two holiday-abbreviated weeks on a mostly lower note, with the S&P 500 (-0.4%) and Nasdaq Composite (-1.3%) pressured by ...
*Price hikes by Apple and Microsoft signal mounting gross margin pressure from rising memory and storage costs across the technology industry. *Gross margins drive operating leverage, making their ...
[BRIEFING.COM] The major averages remain mostly lower as the market nears the closing bell. This will be the first of nearly 60 United widebody aircraft expected to have Starlink this year. United ...
[BRIEFING.COM] The S&P 500 (+0.3%), Nasdaq Composite (unch), and DJIA (+0.5%) are off to a mostly higher start, though weakness in select mega-cap names limits early gains. The top-weighted ...
Recent action saw some backtracking from highs across the curve with the 2-yr note returning to little changed while longer tenors are hanging onto the bulk of today's gains. The market had a busy day ...
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Eli Lilly (LLY) is trading higher after weekend data strengthened the case that its obesity franchise is becoming a multi-asset platform rather than a single injectable-product story. The biggest ...
[BRIEFING.COM] The S&P 500 (+1.1%), Nasdaq Composite (+1.7%), and DJIA (+0.5%) are bouncing back from Friday's selloff as investors buy into the most recent dip across semiconductor stocks. Strength ...
Broadcom (AVGO -14%) is trading sharply lower despite its usual typical upside for EPS and revenue in Q2 (Apr). Revenue rose a healthy 47.9% yr/yr to a record $22.19 bln, fueled by strength in AI ...