Dow Futures Down 375 Pts; Recession Fears Weigh Ahead of PMI Data

By Peter Nurse  Investing.com — U.S. stocks are seen opening lower Friday, with investors fretting over the Federal Reserve’s hawkish interest rate trajectory and the potential for a sharp economic downswing. At 07:00 ET (11:00 GMT), the contract was down 375 points or 1.2%, traded 45 points or 1.3% lower, and dropped 160 points or … Read more

Dow Futures Rise 200 Pts; Services PMI Data in Focus

By Peter Nurse Investing.com — U.S. stocks are seen opening higher Tuesday, starting the holiday-shortened week on a positive note after three straight weeks of losses as investors prepare for more Federal Reserve interest rate hikes. At 07:00 ET (11:00 GMT), the contract was up 200 points, or 0.6%, traded 28 points, or 0.7% higher, … Read more

India’s Services PMI in Aug Surpasses Street’s Estimate: Key Factors & Figures

By Malvika Gurung Investing.com — As per a report by the S&P Global (NYSE:) India Composite, India’s has expanded faster than expected in August, thanks to robust growth in demand and ease in cost pressures. The country’s Purchasing Managers’ Index or PMI index climbed to 57.2 in August from a four-month low of 55.5 in July, … Read more