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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
TDS

US: Services growth seen easing on Iran uncertainty – TD Securities

TD Securities analysts expect US ISM Services to soften in March as geopolitical uncertainty from Iran weighs on sentiment. They forecast the index to fall to 54.2, reversing February’s gain, with most components slowing and employment slipping back into contraction. Supplier delivery times could provide upside risk due to supply chain disruptions.

Service sector momentum set to cool

“Survey data this week should continue to reflect Iran-related uncertainty, led by softer ISM services.”

“While ISM manufacturing surprised to the upside, comments pointed to worsening sentiment amid geopolitical risks.”

“We expect March ISM services to decline to 54.2, reversing its February increase.”

“Most components are likely to slow, and we expect employment to dip back into contraction.”

“There is upside risk from supplier deliveries due to the Iran conflict’s supply chain impacts—as seen in ISM manufacturing.”

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