Dow Jones Top Markets Headlines at 1 PM ET: U.S. Services-Sector Activity Continued to Expand in September | Spanish ...

U.S. Services-Sector Activity Continued to Expand in September

The Institute for Supply Management's purchasing managers index for services providers was 54.9 in September, compared with 55.4 in the prior month.

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Spanish Leader Calls for Elections, Riding Wave of Anger Over Housing

Prime Minister Pedro Sánchez is gambling that outrage over soaring rents will help his socialist party secure a majority.

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U.S. Stocks Mostly Higher as Treasury Yields Rise

The Nasdaq composite led U.S. stock indexes and was poised to close at a record high.

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Euro Drops to 16-Month Low as French Fiscal Strain, Spanish Snap Election Weigh

The euro was weighed down by France's fiscal woes and Spain announcing a snap election.

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Germany and France Are Proposing a New Weapon to Counter Flood of Chinese Goods

The countries, ahead of an EU leaders' summit next week, are recommending the bloc lower its bar for blocking Chinese products and allow the bloc to move faster on such actions.

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Aramco CEO Says Oil Inventories Could Take Two Years to Rebuild

Amin Nasser said the global supply cushion was scarily thin, with estimates less than 6 billion barrels of commercial inventories remain-and most of that wasn't practically available.

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Spending on AI Is Becoming Almost Impossible for Businesses to Budget

AI use is measured in tokens, but the models' use of tokens at any given task can be unpredictable.

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ECB's Lane Sees 'Demand Destruction' Muting Energy Impact On Inflation

The recent rise in energy prices may cool demand in the eurozone that would limit the need for rate rises to contain inflation, ECB's Chief Economist Philip Lane said.

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Saudi Arabia Slashes Crude Prices for Asia as Exports Recover

Saudi Aramco lowered the official selling price for November shipments of its Arab Light crude to Asia by $3 a barrel to a discount of $5 a barrel to the Oman/Dubai benchmark.

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What Bessent is now saying after bond yields didn't stop rising on 'I am the house' remark

In a televised interview with Axios, Treasury Secretary Bessent defended his department's record in the bond market and walked back his "I am the house" declaration from a month ago.

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Hormuz Gridlock Risks Global Food Crisis, International Chamber of Commerce Chief Says

Focus has been on the resulting rise in oil prices, but it is potential food shortages the world should be paying attention to, ICC secretary-general John Denton said.

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The Mighty American Consumer Is Crashing Through Inflation and Driving Growth

Spending is rising because prices are climbing and Americans are buying more stuff.

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How Gas, Diesel and Electricity Prices Are Squeezing American Voters

Many say energy prices are top of mind as they head to the ballot box in November.

(END) Dow Jones Newswires

October 05, 2026 13:15 ET (17:15 GMT)