* Services industry activity picks up in November. * Employment rebounds; supplier deliveries improve. * Factory orders increase 1.0% in October. By Lucia Mutikani. U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more evidence of underlying momentum in the economy as it braces for an anticipated recession next year.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.
Canada's main stock index dropped on Monday, as elevated government bond yields dented rate-sensitive technology shares, while investor focus shifted to the Bank of Canada's interest rate meeting due later this week.
By John McCrank and Alun John. The dollar rose against the pound and the yen on Monday after data showed that U.S. services industry activity unexpectedly picked up in November, prompting speculation the Federal Reserve may not be able to pivot to slower rate rises imminently.
* U.S. service sector activity picks up in November. * Tesla slides on reports of production cut in China. * Indexes down: Dow 0.70%, S&P 0.98%, Nasdaq 1.12% By Ankika Biswas and Johann M Cherian.
Most airline stocks have lost altitude in a difficult 2022 environment, but one Wall Street analyst said Monday that 2023 could be a big year for airlines.
U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more evidence of underlying momentum in the economy as it braces for an anticipated recession next year.
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. ProPhase Labs saw a decrease in earnings per share from 0.4 in Q2 to $0.06 now. The Significance: A value stock may need some time to rebound from its undervalued position.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required