Sensex: 83,627.69 (-0.29%)

Nifty: 25,665.60 (-0.26%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Economic Buzz: US services index climbs to highest level in over a year in December
08-Jan-2026 08:39
The Institute for Supply Management released a report on Wednesday showing an unexpected increase by its reading on U.S. service sector activity in the month of December.

The ISM said its services PMI climbed to 54.4 in December from 52.6 in November, with a reading above 50 indicating growth. Economists had expected the index to edge down to 52.3.

With the unexpected increase, the services PMI reached its highest level since hitting 56.0 in October 2024.

The unexpected increase by the headline index partly reflected notably faster growth in new orders, as the new orders index surged to 57.9 in December from 52.9 in November.

The employment index also jumped to 52.0 in December from 48.9 in November, suggesting the first increase in service sector employment in seven months.

The ISM said the business activity index also climbed to 56.0 in December from 54.5 in November, reaching its highest level in a year.

On the inflation front, the prices index fell to a nine-month low of 64.3 in December from 65.4 in November but remained above 60 for the thirteenth straight month.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.