Thursday, December 5, 2024

ISM services PMI slips, Philips CEO talks supply chain: Catalysts

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It’s the first full trading hour of the day, so that means Seana Smith and Madison Mills are here to take on the morning’s biggest market stories and speak to top Wall Street experts.

Firstly, Natixis CIB Americas Chief US Economist Christopher Hodge comes on the program to speak on the ISM’s (Institute of Supply Management) services PMI (purchasing managers’ index) for the month of November, which came out below estimates at 52.1.

Philips (PHG) CEO Roy Jakobs also joins the Catalysts team to speak about the medical device company’s supply chain strategies amid President-elect Donald Trump’s suggested tariff policies.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

Other top trending stocks on the Yahoo Finance platform include General Motors (GM) and Marvell Technology (MRVL).

This post was written by Luke Carberry Mogan.

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