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Top News & Analysis United States

  • "The price action today seems boring, but the economic data is pretty strong," said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research. The Institute for Supply Management said its index of service companies, which includes everything from financial firms to clothing stores, rose in September to the highest level since March.

  • DUBAI, Oct 3- Dubai's bourse hit its highest level in five months, while Abu Dhabi's index ended at a fresh 14- month high, as confidence in the reviving local property market boosted real estate stocks.

  • NEW YORK, Oct 3- U.S. stocks fell on Wednesday as better-than-expected service sector and employment data in the United States were offset by concerns about a slowdown in the Chinese economy that weighed on materials and energy shares. The Nasdaq Composite Index gained 0.19 points, or 0.01 percent, to 3,120.23. Keywords: MARKETS USA STOCKS/ISM SERVICES.

  • PAUL EDELSTEIN, ECONOMIST, IHS GLOBAL INSIGHT, LEXINGTON, MASSACHUSETTS. But exports orders fell again given what's happening in Europe and China and employment also slowed from August. If things don't deteriorate further in Europe and China, we should avoid a recession but the economy will not expand fast enough to create more job growth. "

  • NEW YORK, Oct 3- Brent oil futures fell more than $3 and U.S. crude dropped more than $2 on Wednesday, hit by weak economic data from Europe and China along with sharp slides in gasoline and heating oil futures. Brent was down $3.20 at $108.37 a barrel by 10:13 a.m. EDT, having fallen as low as $108.22. U.S. crude was down $2.29 at $89.60, having dropped as low as $89.25.

  • MEDINA, Ohio-- RPM International Inc. said Wednesday its fiscal first-quarter net income fell by more than half, hurt by hefty charges mostly related to a drop in value of assets in India.

  • Oct 3- The Institute for Supply Management on Wednesday reported its monthly non-manufacturing index for September. The ISM non-manufacturing survey was launched in July 1997. The text of the Institute for Supply Management's Purchasing Survey can be found on the Internet at the following address:.

  • Oct 3- The Institute for Supply Management on Wednesday reported its monthly non-manufacturing index for September. The ISM non-manufacturing survey was launched in July 1997. The text of the Institute for Supply Management's Purchasing Survey can be found on the Internet at the following address:.

  • *Pushes forward with growth drive in U.S. and Asia. LONDON, Oct 3- Brokerage Marex Spectron aims to at least double revenue under a newly appointed chief executive as it pushes forward with a growth drive in the United States and Asia and focuses on its strongest suit, commodities.

  • Oct 3- American Depository Shares of Luxfer Holdings Plc, a British maker of high-performance materials and gas cylinders, rose 17 percent in their market debut, a day after the company priced its initial public offering below its expected price range.

  • NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. STEVEN WOOD, CHIEF ECONOMIST, INSIGHT ECONOMICS, DANVILLE, CALIFORNIA. THOMAS DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS, STAMFORD, CONNECTICUT.

  • THOMAS DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS, STAMFORD, CONNECTICUT. WILLIAM LARKIN, FIXED INCOME PORTFOLIO MANAGER, CABOT MONEY MANAGEMENT, SALEM, MASSACHUSETTS. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT.

  • WASHINGTON-- U.S. service companies grew in September at the fastest pace in six months, helped by a sharp increase in customer demand. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its index of non-manufacturing activity rose to 55.1, up from 53.7 in August.

  • NEW YORK, Oct 3- U.S. stocks fell on Wednesday as better-than-expected service sector and employment data in the United States were offset by concerns about a slowdown in the Chinese economy that weighed on materials and energy shares. The Nasdaq Composite Index gained 0.19 points, or 0.01 percent, to 3,120.23. Keywords: MARKETS USA STOCKS/ISM SERVICES.

  • NEW YORK, Oct 3- U.S. But a subdued reading on the Institute for Supply Management service sector index's employment component balanced out the better-than-expected reading on the overall index. Trade in subdued volume and narrow ranges is expected before the Labor Department's influential employment data for September due this Friday.

  • BERLIN-- Struggling cellphone companies T-Mobile USA and MetroPCS Communications are set to merge, in a deal that will create an operator with more than 40 million subscribers.

  • MIAMI-- Soccer will come to the Miami Marlins' new ballpark for the first time Nov. 14 when Venezuela plays Nigeria in an international friendly. The game, announced Tuesday by Marlins officials, is one of many non-baseball events planned at the ballpark, which opened this year.

  • NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. WILLIAM LARKIN, FIXED INCOME PORTFOLIO MANAGER, CABOT MONEY MANAGEMENT, SALEM, MASSACHUSETTS. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT.

  • "The picture that emerged for this winter is one of increased demand for natural gas that is easily matched by ample production and gas in storage," said Greg Vesey, vice chairman of the Natural Gas Supply Association.

  • NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT. "It's in line with the factory report on Monday.