UK's service sector grows strongest since May 2023

seekingalpha05-03

S&P Global UK Services PMI Business Activity Index was up from 53.1 in March to 55.0 in April. The index was above the crucial 50.0 no-change value for the sixth consecutive month. The seasonally ...

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The seasonally ...</p>\n\n<a href=\"https://seekingalpha.com/news/4099376-uks-service-sector-grows-strongest-since-may-2023\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UK's service sector grows strongest since May 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUK's service sector grows strongest since May 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-03 16:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4099376-uks-service-sector-grows-strongest-since-may-2023><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P Global UK Services PMI Business Activity Index was up from 53.1 in March to 55.0 in April. The index was above the crucial 50.0 no-change value for the sixth consecutive month. The seasonally ...</p>\n\n<a href=\"https://seekingalpha.com/news/4099376-uks-service-sector-grows-strongest-since-may-2023\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FKU","symbol_name":"First Trust United Kingdom AlphaDEX Fund","start_time":0,"source_url":"https://seekingalpha.com/news/4099376-uks-service-sector-grows-strongest-since-may-2023","article_id":"2432940485","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/940400824/image_940400824.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432940485","pubTimestamp":1714725322,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"S&P Global UK Services PMI Business Activity Index was up from 53.1 in March to 55.0 in April. The index was above the crucial 50.0 no-change value for the sixth consecutive month. The seasonally adjusted S&P Global UK PMI Composite Output Index registered 54.1 in April, up from 52.8 in March and in positive territory for the sixth consecutive month.  Key findings include: activity and new work rise at fastest rates for 11 months; staff hiring remains subdued Input cost inflation highest since August 2023. Tim Moore, Economics Director at S&P Global Market Intelligence said, \"Service providers benefited from improving business and consumer spending in April as more favourable demand conditions underpinned the greatest improvement in activity since May 2023. The latest survey results are consistent with the UK economy growing at a quarterly rate of 0.4% and therefore pulling further out of last year's shallow recession.\" ETFs: , , , , . 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Key findings include: activity and new work rise at fastest rates for 11 months; staff hiring remains subdued Input cost inflation highest since August 2023. Tim Moore, Economics Director at S&P Global Market Intelligence said, \"Service providers benefited from improving business and consumer spending in April as more favourable demand conditions underpinned the greatest improvement in activity since May 2023. The latest survey results are consistent with the UK economy growing at a quarterly rate of 0.4% and therefore pulling further out of last year's shallow recession.\" ETFs: (FXB), (EWU), (FKU), (EWUS), (FLGB). 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