Institute for Supply Management, an association of purchasing managers, reported that America’s services businesses grew for a third straight month in September and at an unexpectedly fast pace.
U.S. adds a robust 254K jobs, and unemployment dips to 4.1% in sign of still-sturdy labor market
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But sentiment was helped by a report Monday by the Institute for Supply Management said growth for U.S. services businesses was a touch stronger than expected, led by the arts, entertainment and recreation sectors, along with accommodations and food services.
Wall St. points toward gains as calm returns to markets; Japan's Nikkei roars back to gain 10%
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