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via finance.yahoo.comEconomy

UK services growth hits eight-month high in October

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- The UK services sector expanded at its fastest pace in eight months during October, driven by stronger customer demand and increased order volumes, according to S&P Global's latest PMI data released today. Still guessing which stocks will beat the market? Our AI…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA faster services PMI signals a firmer UK economy, relevant for sterling and UK equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The seasonally adjusted Services PMI rose to 52.8 in October from 52.1 in September.
  2. 02It is the highest reading since February.
  3. 03New orders increased for the fourth consecutive month.

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