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Stock impact report

Taiwan Halts Two-Year Factory Slump in Sign of Broader Rebound [BNN Bloomberg (Canada)]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: BNN Bloomberg
The semiconductor powerhouse posted a manufacturing purchasing managers' index of 50.2 last month, up from 49.3 in March and posting its best result since April 2022, according to data published Thursday by S&P Global. A reading above 50 indicates expansion, while anything below shows contraction. Taiwan ramped up output amid higher new orders, with companies reporting improved demand from the domestic market, S&P said, although it was careful in declaring a turnaround. Taiwan's firms remained “understandably somewhat cautious” in their buying activity, opting instead to utilize inventories while customer demand was fragile, it said. “That said, companies are confident that growth will pick up and were sufficiently optimistic to add to their staffing levels for the third time in the past four months,” Paul Smith, economics director at S&P Global Market Intelligence, said in a statement. The latest data show that Asia may have finally found steadier footing after its economies h Show less Read more
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