US 30 forecast: the index hit a new all-time high and entered a correction
After reaching a new all-time high, the US 30 index has begun to decline, although the overall trend remains upward. The US 30 forecast for today is positive.
US 30 forecast: key trading points
Recent data: US services PMI (preliminary) came in at 54.2 in September
Market impact: the data has a moderately positive effect on the stock market
Fundamental analysis
The US services PMI for October 2025 stood at 54.2, slightly above the forecast of 53.9 but marginally below the previous reading of 54.5. A PMI reading above 50.0 indicates an expansion in business activity in the service sector, which remains the primary driver of the US economy. A stronger-than-expected reading signals steady demand and positive sentiment among businesses, supporting expectations of moderate economic growth without signs of overheating. For the equity market, such data is generally viewed positively, as it confirms the resilience of corporate earnings and overall economic activity.
However, the slight decline compared to the previous month may be interpreted as a sign that the economy is gradually stabilising after a phase of robust expansion. This reduces overheating concerns but may also temper excessive investor optimism. For the US 30 index, the PMI results are moderately positive.
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