US S&P Global Services PMI Final (Oct) 56.1 vs. Exp. 57.9 (Prev. 58.8)
Newsquawk Staff ·
- Indicative of GDP rising at an annualised rate of over 4%.
- "The star of the upturn remains the tech sector, but encouragingly solid supporting performances are also being seen in consumer-facing sectors and financial services"
- "...worrying intensification of inflationary pressures..." and "...the overall signal is for inflation to rise further above the Fed’s target in the coming months.”
Sources
- Canadian S&P Global Composite PMI (Oct) 48.1 (Prev. 48.7)
- Newsquawk Daily US Equity Opening News - Neoclouds fall post-midterm results; AMD & SMCI pare gains following strong reports
- Datadog (DDOG) Q3 2026 (USD): Adj. EPS 0.81 (exp. 0.64), Revenue 1.2bln (exp. 1.15bln)
- Daily US Conference Calendar - 04-Nov-2026: MSFT, INTC, ROK, STT, EWBC
- Newsquawk Daily US Opening News - 4th November 2026
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