NewsBreak: ISM Services Index Tumbles to 3-Year Low

Do repost and rate:

Investing.com - The latest measure of U.S. services activity came in below expectations Thursday, adding further to worries about a sustained slowdown in the economy. The Institute of Supply Management said its non-manufacturing index fell to its lowest level since August 2016. That comes on the heels of its manufacturing measure hitting a 10-year low.

  • The ISM non-manufacturing PMI fell to 52.6 for September from 56.4 in August.

    • The PMI came in lower than the expectations of analysts, who expected a drop to 55, according to forecasts compiled by Investing.com.

  • S&P 500 futures were down 0.7%, falling sharply after the report.

    •  https://www.investing.com

    Regulation and Society adoption

    Ждем новостей

    Нет новых страниц

    Следующая новость

    All content provided by the site, hyperlinks, related applications, forums, blogs, social networks and other information is taken from third-party sources and is intended for reference only. We make no warranties with respect to our content, including but not limited to accuracy and timeliness. No part of the content we provide is financial advice, legal advice or any other form of advice intended for any of your personal purpose. Any use of our content is entirely at your own risk. You should conduct your own research, review, analysis and verification of our content before relying on them. Trading is a very risky activity that can lead to large losses, so consult your financial Advisor before making any decision. No content on our site is a public offer or invitation to action.

    This resource may contain 18+materials

    © 2016-2024