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...The broad S&P 500 gained 1.1 per cent to set a record closing high while the tech-heavy Nasdaq Composite index climbed 1.5 per cent....
...“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....
...Tim Moore of S&P Global Market Intelligence said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close...
...Tim Moore, of S&P Global Market Intelligence, said the UK services sector was gaining momentum “as receding recession risks and looser financial conditions led to greater willingness to spend”....
...Tim Moore, economics director at S&P Global Market Intelligence, said last month marked “the best performance for the construction sector since August 2023” but cautioned that contractors were still feeling...
...Apple chief executive Tim Cook credited iPhone sales, which rose 6 per cent to $69.7bn, and an “all-time revenue record in services”, with the number of active Apple devices surpassing 2.2bn....
...Apple revenues were $119.6bn for the quarter to the end of December, up 2 per cent from the same period the previous year and beating consensus estimates of $118.3bn, according to S&P Capital IQ....
...Tim Moore of S&P Global Market Intelligence said high borrowing costs and low market confidence were the main factors behind falling sales volumes across the construction sector in the second half of 2023...
...Tim Moore, economics director at S&P Global Market Intelligence, which compiles the survey, said: “The UK service sector ended last year on a high, with business activity growth accelerating to its fastest...
...Tim Rourke, UK head of P&C pricing, product, claims and underwriting at WTW, said the data suggested “the relentless rise in prices may finally be turning a corner”....
...Apple’s revenues were $119.6bn for the quarter to the end of December, up 2 per cent from the same period in the previous year and beating consensus estimates of $118.3bn, according to S&P Capital IQ....
...Tim Moore, economics director at S&P Global Market Intelligence, which compiles the survey, said: “The recovery in service sector output lost a little bit of momentum during March, and more so than suggested...
...Tim Moore, economics director at S&P Global Market Intelligence, said: “A slump in house building has cast a long shadow over the UK construction sector and there were signs of weakness spreading to civil...
...Tim Moore, of S&P Global Market Intelligence, said the PMI numbers “provide a strong boost to business activity expectations across the service economy”....
...Moore, economics director at S&P Global Market Intelligence....
...“Nvidia has an almost monopoly position,” said Tim Murray, multi-asset strategist at T Rowe Price “because the chips they make are the most essential tools to [AI].”...
...“Once the Fed pivoted, that really put investors into a positive frame of mind,” said Tim Murray, capital markets strategist at T Rowe Price....
...David P LeaderGlasgow, UK...
...Tim Moore of S&P Global said the results showed the impact of “elevated borrowing costs and a wait-and-see approach to new projects”....
...suffers its own confirmation bias /From Sarah Watters, Lead Behavioural Scientist, Wellth, New York, NY, US A fraud-busting university research unit already exists / From David P Leader, Glasgow, UK...
...Additional reporting by Michael Acton and Tim Bradshaw...
...“Once the Fed pivoted, it really put investors into a positive frame of mind,” said Tim Murray, multi-asset strategist at T Rowe Price. “That was a big deal and it was unexpected.”...
...Khosrowshahi was hired in 2017 from Expedia, where he was once the best-paid chief executive in the S&P 500....
...Take a break from the news A quarter of a century after their relationship ended, food writer Tim Hayward and his ex-wife went to dinner in London....
...“It’s surprising that we haven’t seen more of a negative reaction,” said Tim Murray at T Rowe Price, an asset manager....
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