71486US Stocks Close Higher on Friday2/22/2019 9:09:25 PM"Wall Street closed in the green on Friday 22 February 2019, as investors were optimistic regarding trade negotiations between China and the US. President Trump met with Chinese Vice Premier Liu He, with reports pointing to a late-March meeting in Florida and a 1.2 trillion commitment from China to buy US goods. The Dow Jones gained 181 points or 0.7% to 26032, booking its ninth straight weekly advance. The S&P 500 rose 18 points or 0.6% to 2793. The Nasdaq climbed 68 points or 0.8% to 7528."United StatesStock MarketINDU/united-states/stock-market
71481US Stocks Rise on Trade Optimism2/22/2019 5:07:30 PM"Wall Street traded higher on Friday as investors were optimistic regarding trade negotiations between China and the US. President Trump is expected to meet Chinese Vice Premier Liu He later in the day. The Dow Jones was up 0.7%, the S&P 500 added 0.7% and the Nasdaq traded 0.9% higher around 12:00 PM NY time."United StatesStock MarketINDU/united-states/stock-market
71479Stocks in United States Hit 15-week High2/22/2019 3:16:16 PMDow Jones increased to a 15-week high of 25987United StatesStock MarketINDU/united-states/stock-market
71418US Crude Inventories Rise More than Expected2/21/2019 4:04:00 PM"US crude oil stocks increased by 3.672 million barrels in the week ending February 15th, 2019, following a 3.633 million advance in the previous week and above market expectations of a 3.08 million rise. Meanwhile, gasoline inventories fell by 1.454 million barrels."United StatesCrude Oil Stocks ChangeUNITEDSTACRUOILSTOCH/united-states/crude-oil-stocks-change
71414US Existing Home Sales Unexpectedly Fall in January2/21/2019 3:09:00 PM"Sales of previously owned houses in the US fell 1.2 percent to a seasonally adjusted annual rate of 4.94 million in January of 2019 from an upwardly revised 5 million in December. It is a new-low reading since November of 2015 and compares with market expectations of 5 million. Sales of single family home sales dropped 1.8 percent to 4.37 million (vs -3.9 percent in December) while sales of condos rose 3.6 percent to 0.57 million (vs -5.2 percent). The median house price fell to $247,500 from $254,700 in December but rose from $240,800 a year earlier. The months' worth of supply went up to 3.9 from 3.7. Year-on-year, existing home sales dropped 8.5 percent."United StatesExisting Home SalesUNITEDSTAEXIHOMSAL/united-states/existing-home-sales
71412US Private Sector Output Grows the Most in 8 Months: Markit2/21/2019 2:58:36 PM"The IHS Markit US Composite PMI rose to an eight-month high of 55.8 in February 2019 from 54.4 in the previous month and above market consensus of 55.1, a preliminary estimate showed. Service sector activity expanded the most since June last year, while manufacturing growth eased to over one-year low. Overall new business growth picked up to four-month high led by sales to domestic clients and the pace of job creation accelerated sharply from the 19-month low seen in January. On the price front, input cost inflation remained much softer than seen on average in the final quarter of 2018. Looking ahead, business optimism softened slightly, amid worries about the global economic outlook, with US manufacturers recording a particularly marked drop in confidence during the latest survey period."United StatesComposite PmiUNITEDSTACOMPMI/united-states/composite-pmi
71411US Factory Growth Lowest since 2017: Markit2/21/2019 2:50:48 PM"The IHS Markit US Manufacturing PMI fell to 53.7 in february of 2019 from 54.9 in January and below market expectations of 54.7, preliminary estimates showed. The reading pointed to the slowest growth in factory activity since September of 2017, amid soft client demand, partly linked to uncertainty across manufacturing supply chains and concerns about the global trade outlook. There were also some reports that adverse weather conditions had disrupted production schedules in February."United StatesManufacturing PMIUNITEDSTAMANPMI/united-states/manufacturing-pmi
71410US Services Growth Accelerates to 8-Month High: Markit2/21/2019 2:50:31 PM"The IHS Markit US Services PMI rose to 56.2 in February 2019 from 54.2 in the previous month and well above market expectations of 54.3, a preliminary estimate showed. The latest reading pointed to the strongest pace of expansion in the service sector since June, as new work rose the most since September, amid higher levels of business and consumer spending. In addition, backlogs of work increased the most in more than four years and the pace of job creation picked up to a five-month high. On the price front, input cost inflation accelerated from the near two-year low seen at the start of 2019. Higher operating expenses and improving demand conditions contributed to another solid increase in average prices charged by service sector firms."United StatesServices PMIUNITEDSTASERPMI/united-states/services-pmi
71405Philadelphia Fed Manufacturing Index Lowest in Near 3 Years2/21/2019 1:37:14 PM"The Philadelphia Fed Manufacturing Index in the United States slumped to -4.1 in February of 2019 from 17 in January and well below market expectations of 14. It is the lowest reading since May of 2016, due to falls in new orders (-2.4 from 21.3) and shipments (-5.3 from 11.4) and a slowdown in the average workweek (4.7 from 6). On the other hand, employment increased (14.5 from 9.6); prices paid eased (21.8 from 32.7) while prices received rose faster (27.7 from 24.8); and inventories rebounded (3.3 from -7.6). The 6-month outlook edged up to 31.3 from 31.2."United StatesPhiladelphia Fed Manufacturing IndexUNITEDSTAPHIFEDMANIN/united-states/philadelphia-fed-manufacturing-index
71404US Durable Goods Orders Rise Less than Expected2/21/2019 1:31:40 PM"New orders for US manufactured durable goods rose 1.2 percent from a month earlier in December 2018, following an upwardly revised 1 percent advance in November and missing market expectations of a 1.5 percent gain. Transportation equipment drove the increase."United StatesDurable Goods OrdersUNITEDSTADURGOOORD/united-states/durable-goods-orders