The U.S. September ISM non-manufacturing PMI came in lower than expected, signaling slower growth in the services sector compared to previous months.
The U.S. September ISM non-manufacturing PMI registered at 50, below the expected 51.7 and down from the prior month's 52, indicating a slowdown in the services sector's growth. This comes as the S&P Global Services PMI showed better performance, exceeding expectations.