The Swiss market started off on a firm note on Wednesday and despite a setback around mid-afternoon that pushed it briefly below the flat line, recovered well to end the day's session notably higher.The benchmark SMI, which dropped to 13,112.02, after having climbed to 13,238.37 earlier in the day, settled at 13,212.96, gaining 93.43 points or 0.71%.Zurich Insurance climbed more than 4%. The insur...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.