Weak US service sector growth sends share prices tumbling

Discussion in 'Market News' started by Lily, Feb 3, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Dow Jones industrial average falls sharply, adding to gloom about US economy and worries over global stock markets

    Fresh evidence of a slowdown in the US economy has added to the jittery mood of global stock markets and sent share prices tumbling on both sides of the Atlantic.

    Trading on Wall Street opened sharply lower on Wednesday after a survey conducted by Markit showed activity in America’s service sector growing at its weakest rate for 27 months.

    Related: Markets fall on weak US services industry data – as it happened

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