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US Equity Markets Mixed After Hitting New Record Highs, Neutral Key Services Data
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US Equity Markets Mixed After Hitting New Record Highs, Neutral Key Services Data
Oct 3, 2025 1:39 PM

04:09 PM EDT, 10/03/2025 (MT Newswires) -- US equity indexes were mixed on Friday after hitting new record highs as investors largely shrugged off the ongoing partial federal government shutdown and data showed a key services index slipped into neutral territory.

* The Institute for Supply Management said Tuesday its US services index dropped to 50.0 in September from 52.0 in August, signaling stagnation and falling short of the 51.7 reading economists surveyed by Bloomberg had expected.

* The S&P Global US services index for September was revised up to 54.2 from the preliminary reading of 53.9, defying Bloomberg survey expectations for no change.

* November West Texas Intermediate crude oil rose $0.31 to settle at $60.79 per barrel, while December Brent crude, the global benchmark, was last seen up $0.38 to $64.49.

* Humana (HUM) shares rose roughly 11% after the company released its preliminary 2026 Medicare Advantage Star Ratings and maintained its earnings guidance for fiscal 2025.

* A US Army battlefield communications system under development by Palantir Technologies ( PLTR ) and Anduril Industries has been deemed a "very high risk" project because of significant security flaws, Reuters reported Tuesday, citing an Army memo. Palantir ( PLTR ) shares dropped about 7.2%, making it the worst-performing stock on the Nasdaq and weighing heavily on the index.

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