The Latest Breaking News from IHS Markit

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

Wrangler market share for its segment is still in the 7 to 9 percent range despite the Bronco's arrival in 2021.

Pre-open movers

Saudi Arabia’s non-oil private sector managed to regain its strength in February, as improved business confidence and customer demand led to faster expansions in production, new business and purchases. Cost inflation pressures eased for the second month in a row, while expectations for future production rose to their highest levels…

Although the IHS Markit Eurozone services PMI was revised lower to 55.5 in February versus a preliminary reading of 55.8, there were a few notable insider trades.

The IHS Markit Russian composite PMI increased to 50.8 in February from 50.3 in the previous month, recording growth in private sector activity for the third straight month. Investors, meanwhile, focused on some notable insider trades

The IHS Markit/CIPS services PMI survey scored 60.5 in February, up from 54.1 in January and the highest score since last June.

Turkish factory activity barely grew for a second straight month in February amid sharp price rises and a slowdown in production due to outages of natural gas and electricity, a survey showed on Tuesday. The Purchasing Managers' Index (PMI) for Turkish manufacturing stood at 50.4 in February, slipping from 50.5…

European stocks slide further while Moscow stock exchange remains closed for second day; rouble steadies and Brent crude rises above $100 a barrel