Back to top

Real Time Insight

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

The ISM non-manufacturing index came in at 58.6% for the month of August, 2.6% higher than 56.0% registered in July and substantiality ahead of the consensus estimate of 55.0%.  
 
This reading is the highest reading for the index since the creation of the index in January 2008.
 
Here are further details from the report:
 

  • Non-Manufacturing Business Activity Index increased by 1.8% to 62.2% 
  • The New Orders Index increased by 2.8% to 60.5% 
  • Employment Index increased by 3.8% to 57%
  • The Prices Index decreased by 6.7% to 53.4%

This report, combined with mixed-to-positive labor markets reports earlier this morning and a solid ISM manufacturing report earlier this week, proves that the economic recovery continues to gain momentum.

The 10-year note yield has surged to 2.97 % this morning.

Do you think that the market has already priced in a QE tapering ($10 billion to $15 billion) starting this month?

5 Stocks to Double in 2014

Today, you are invited to receive a free Special Report from Zacks Investment Research. It reveals five companies that could gain +100% and more in the next 12 months.

One is set to ride a little-known All-American energy boom. Another is a chip maker looking for big gains through Google Glass. Another could be the next alternative energy "Tesla."

Close This Panel X

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%