The ISM Non-Manufacturing Index rose from 49.3 in February to 49.6 in March, above the estimate of 48.5. New orders inched up to 50.2, but employment held steady at 46.9. Prices rose from 67.9 to 70.8. Details from Bloomberg...
The Dow Jones Industrial Average gained 20 points (0.2%) to close at 12,626, the S&P 500 Index rose 2 points (0.1%) to 1,369, and the Nasdaq Composite advanced 2 points (0.1%) to 2,363. Crude oil dropped $1.00 to $103.83 per barrel, and gold ended up $8.50 at $903.70 per ounce.
Magnificent Seven Update
