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US service sector growth slows in September, ISM index dips to 54.9 from 55.4 in August.

Market News
05 Oct 2026
Kitco
View Source
Neutral
US service sector growth slows in September, ISM index dips to 54.9 from 55.4 in August.

The US service sector growth slowed more than expected in September, with the ISM Services Purchasing Managers Index falling to 54.9 from 55.4 in August, slightly below economists' forecast of 55. Despite this, the index remains above 50, indicating continued expansion. Key indicators showed mixed results: business activity and new orders eased, but employment rose above 50 for the first time in three months, signaling job growth. Supply chain issues and high fuel costs remain significant challenges. The data suggests a moderate but slowing expansion in the service sector, with ongoing inflationary pressures.

Gold's market context includes its recent price dip to $4,141 per ounce. For readers following US stocks on Pluang, here is the market snapshot as of Oct 05, 2026 20:41 WIB: out of 150 priced US stocks, 59 rose and 87 fell today. Notable movers include PINS (Pinterest Inc) up 3.30% at USD 19.89 with a typical hold time of 84 days, PLUG (Plug Power Inc) down 3.16% at USD 1.84 with a typical hold time of 41 days, and UPST (Upstart Holdings Inc) up 3.02% at USD 23.50 with a typical hold time of 38 days.

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