While you were sleeping: Wall St creeps to record highs

Wed, 04 Oct 2017

By Margreet Dietz Oct. 5 (BusinessDesk) - Wall Street inched higher, touching fresh record highs, as better-than-expected data on US service industries underpinned optimism on the economic outlook. An Institute for Supply Management report showed its non-manufacturing index climbed to 59.8 in September, the highest in 12 years and exceeding economists' expectations, up from 55.3 in August. "The non-manufacturing sector has reflected strong growth in the month of September despite the impact on the supply chain from the recent hurricane...

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