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ISM services index could fall to this level in September, here – Press Release

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US stocks closed higher on Tuesday, with the Nasdaq Composite gaining about 360 points higher Amazon.com, Inc. AMZN and apple inc AAPL shares.

Let’s take a look at the major economic events scheduled for today.

  • The MBA index of mortgage Application activity for the last week is scheduled to be published at 7:00 am ET.
  • The September ADP National Employment Report is released at 8:15 am ET. Private payrolls are expected to hit 200k in September compared to growth of 308k in August.
  • Data on international trade in goods and services for August is released at 8:30 am ET. Analysts expect a deficit of $68.0 billion for total trade in goods and services in August, compared to a gap of $70.6 billion in July.
  • The US Services PMI for September is scheduled to be released at 9:45 am ET. Flash services PMI for September rose sharply to 49.2 from 43.7 in August. Analysts expect no change for the final reading.
  • The ISM Services Index for September is released at 10:00 am ET. The ISM services index is expected to decline slightly to 56 in September from the previous reading of 56.9.
  • The Energy Information Administration’s weekly report on US petroleum stocks is released at 10:30 am ET.
  • Federal Reserve Bank of Atlanta President Raphael Bostic will speak at 4:00 p.m. ET.

Amazon and 3 other stocks that insiders are selling

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