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Regulatory

EWU

The Global/CIPS UK Services Purchasing Managers Index (PMI) has dropped to 51.5, lower than the estimated 53.0 and the prior figure of 53.7.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:34 am

ARKK

BABA

MELI

TCEHY

Ark Investment Management's flagship ETF, the Ark Innovation ETF (ARKK), has exited Chinese stocks including Alibaba (BABA) amid a crackdown on big tech companies in China. The fund has shifted its focus towards diversification, considering new IPOs and reevaluating previously dropped names. Cathie Wood, the fund manager, expressed disappointment in China’s economic growth and predicted worsening conditions as more companies diversify their supply chains.

Portfolio Pulse from Shanthi Rexaline

July 24, 2023 | 8:12 am

VGK

The Eurozone Services Purchasing Managers Index (PMI) for July came in at 51.1, lower than the estimated 51.5 and the prior figure of 52.0.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:02 am

VGK

The Eurozone S&P Global Composite Purchasing Managers Index (PMI) for July was reported at 48.9, lower than the estimated 49.7 and the prior figure of 49.9.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:01 am

VGK

The Eurozone Manufacturing Purchasing Managers Index (PMI) for July is reported at 42.7, lower than the estimated 43.5 and the prior value of 43.4.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:01 am

FXI

China's Central Bank has issued draft rules on data security management for its own operations. The move is seen as part of the country's broader efforts to strengthen data security in the financial sector.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 7:36 am

EWG

VGK

Germany's Services Purchasing Managers Index (PMI) for July came in at 52, lower than the estimated 53.1 and the prior figure of 54.1.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 7:31 am

EWG

VGK

Germany's Manufacturing Purchasing Managers Index (PMI) for July was reported at 38.8, lower than the estimated 41 and the prior figure of 40.6.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 7:31 am

EWQ

VGK

France's Services Purchasing Managers Index (PMI) for July was reported at 47.4, lower than the estimated 48.4 and the previous month's 48. This indicates a contraction in the services sector.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 7:16 am

EWQ

VGK

France's Manufacturing Purchasing Managers Index (PMI) for July came in at 44.5, lower than the estimated 46 and the prior figure of 46. This indicates a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 7:16 am