Back to News
Market Impact: 0.2
U.S. Services PMI Rises To Six-Month High In August
Source: Nasdaq
Economic DataConsumer Demand & Retail
U.S. service-sector growth accelerated in August by more than expected, according to the Institute for Supply Management (ISM). The upside surprise is modestly supportive for near-term demand expectations, but the article provides no magnitude details or follow-on guidance.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly positive
Sentiment Score
0.10
More News
- AI stocks plunge. Inflation heats up. Where we're still finding opportunities
- Bending Spoons wants to revive software castoffs. Berkshire is backing the plan
- U.S. debt interest payments hit $3 billion a day and jumped 8% in fiscal 2026 — faster than total federal spending, revenue and GDP growth
- AI rapidly improving, could vastly boost U.S. GDP, Anthropic's Clark tells policymakers
- The Iran war has cost the average U.S. household the equivalent of almost $2,000, and the energy portion goes up $50 a week, top economist says
- Tunisia’s economic crisis deepens as the promise of a better life fades