On Tuesday, October 5, the financial sector of US stocks rose, with IVZ.US Group (IVZ.US) up more than 4.8% as of 22:43 Beijing time, Bank of America Corporation(BAC.US) rose by more than 3%, Franklin Templeton (BEN.US), Goldman Sachs Group(GS.US) increased by nearly 3%, Wells Fargo & Co(WFC.US) rose more than 2.5%, Citibank (C.US), JPMorgan Chase & Co(JPM.US) rose by more than 2%. After the release of US ISM non-manufacturing data, the yield on US 10-year Treasuries rose to 1.534 per cent.
Us service providers expanded faster than expected in September, thanks to accelerated business activity and continued growth in new orders. The non-manufacturing index rose to 61.9 in September from 61.7 in the previous month. The median forecast by economists is 59.9.
