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ISM services higher than anticipated

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The services sector grew for the sixth month in a row in December, with the Services PMI at 54.1%, up from 52.1% in November. Business activity and new orders increased, while employment remained stable. Supplier deliveries slowed, and prices rose to 64.4%. Nine industries saw growth, but order backlogs kept shrinking. Panelists were optimistic, influenced by seasonal factors and concerns about tariffs.



Further economic expansion in the services sector should positively influence stock market returns. However, fundamentals could be impacted by market conditions in the near term. Overall, Donald Trump's "America First" policy should remain a key driver of economic expansion.
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