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2.9935339666407E-05 -0.000638620579548162 0.000379180969106838 0.00141953380697703 0.00231499960086219 -0.00171629280753564 -0.0054482318192703 -0.0112556877145366
Stock impact report

ISM Services Slumps To 9-Month Lows; Employment Plunges [zero hedge]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: zero hedge
ISM Services Slumps To 9-Month Lows; Employment Plunges Following the significant decline in US Manufacturing 'soft' survey data ( while hard data keeps rising with manufacturing jobs jumping most in years according to ADP), expectations for this morning's Services Sector PMIs are mixed . S&P Global's US Services PMI jumped from 15 month lows at 51.0 to 54.4 in March ISM Services PMI tumbled from 53.5 to 50.8 - its lowest since June 2024 Source: Bloomberg Under the hood of ISM was not pretty as Employment plunged into contraction (46.2) and New Orders dropped significantly (while Prices Paid saw some respite)... Source: Bloomberg Baffle 'em with bullshit is back... Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, offered a silver lining after the Manufacturing survey's slump: "March saw a welcome rebound in service sector business activity after a weak start to the year, with employment also returning to growth after a decline seen in February. However, th Show less Read more
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