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...“The marginal overall rise in total construction activity ended a six-month period of contraction,” said Tim Moore, economics director at S&P Global Market Intelligence....
...S&P Global’s construction purchasing managers’ index rose to 50.2 from 49.7 in February....
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 49.7 in February from 48.8 in January....
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...The energy sector was up 1.2 per cent during lunchtime trading, making it the best-performing sector in the S&P 500 on Monday....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...S&P declined to comment and Visible Alpha did not respond to a request for comment....
...S&P Global’s Construction PMI index rose to 49.7 in February, well ahead of the 49 expected by analysts and just below the 50 level that separates expansion from contraction....
...The benchmark S&P 500 was down 1.5 per cent in Friday afternoon trading....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...The S&P Global UK construction purchasing managers’ index rose to 48.8 in January, up from 46.8 in December and the highest since August 2023....
...Wall Street’s S&P 500 was down 0.1 per cent. Consumer discretionary, industrials and tech were the benchmark’s worst-performing sectors, down 0.5 per cent, 0.4 per cent and 0.3 per cent, respectively....
...Some of the biggest losers in the S&P index included Nvidia, down 10 per cent for its worst day since March 2020, and Facebook parent Meta, down 4.1 per cent....
...Wall Street’s S&P 500 was down 0.1 per cent on Monday....
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent on Wednesday....
...S&P Global Ratings has made a hefty revision to its US economic forecast, citing a bigger than expected expansion at the end of last year and a labour market that looks more solid than a month ago....
...US stocks continued their soggy start to the second quarter, with the S&P 500 notching back-to-back losses that pulled it back from last week’s record high....
...The S&P 500 closed at record high for the second session in a row after Federal Reserve officials maintained projections to cut interest rates by 0.75 percentage points this year....
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