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Oct 3, 2019

Midday Report: Stocks recover early losses after data show slowing U.S. services sector

2-3 minutes - Source: MarketWatch



U.S. stocks recovered from early losses to trade mixed Thursday after a report on the U.S. services sector showed it growing at a slower pace than at any point since 2016, following a report on manufacturing earlier this week that showed it contracting for the second month in a row. See full story.
Service side of economy grows at slowest pace in 3 years, ISM finds, adding to recession worries
Service-oriented companies that employ the vast majority of Americans registered the weakest growth in September in three years, adding to a cacaphony of reports showing a broad slowdown in the U.S. economy. See full story.
Tesla stock falls after company misses third-quarter delivery expectations
Tesla Inc. says it had delivered about 97,000 vehicles in the third quarter, including 79,600 Model 3 sedans. See full story.
Costco earnings: Texas and Florida alone could get dozens more warehouses and it wouldn’t be enough
Costco is expected to report solid earnings, analysts say, and investors have questions about even more geographic growth. See full story.
The downside to Charles Schwab and TD Ameritrade eliminating trading fees (yes, really)
Financial advisers discuss the real cost of free stock trades. See full story.
MARKETWATCH PERSONAL FINANCE
‘We have no idea what she is being paid or if she and my mom are making the best financial decisions.’ See full story.

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