WASHINGTON (AP) - Institute for Supply Management releases its service sector index for February this morning, the only fresh U.S. economic data expected today.
Growth at U.S. service companies slowed slightly in January, though hiring improved. The ISM services index edged down a half a point to 55.2, but that's still high enough to indicate expansion. The report measures growth in industries that cover 90 percent of the work force, including retail, construction, health care and financial services.
Meanwhile, European Union finance ministers will be meeting in Brussels. They're looking to forge consensus on a sweeping package of financial laws that includes capping bankers' bonuses.
First Coast News