Markit
- prior 52.0
- composite PMI 50.1 vs 50.4 expected
Poor data here for the eurozone and expect calls for fiscal stimulus to grow.
Poor data here for the eurozone and expect calls for fiscal stimulus to grow.
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Consumer discretionary stocks tumble 7.7% post-earnings. MATW down 7.4%, FLWS down 18.9%, POOL down 19.3%. CSV up 8% revenue, but down 4.8%.
MLTX stock down 60% YTD, but fund buys $28M. High risk, potential reward in clinical trials.
VOYA's 12% loss vs S&P's flat return. Mediocre growth, but TBVPS up 17.8%. 6.7x P/E valuation too risky.
US shale producers eye $63.4B cash boost at $100/bbl oil, but volatility risks linger.
Oil prices hover near $95-$100 amid Middle East supply risks & strategic reserve releases. Volatility reigns.
Oil dips 4% to $94.75, easing inflation fears. S&P 500 jumps 1.2%. PTON, OPEN, LEVI rally.
CBA says rising oil prices from Iran war could weaken yen via trade balance Rising oil prices could keep USD/JPY supported
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