Service Sector Activity Report and Job Openings Report Due Out

The Institute for Supply Management is scheduled to release its report on service sector activity in the month of November at 10 am ET. The ISM’s services PMI is expected to inch up to 52.0 in November from 51.8 in October, with a reading above 50 indicating growth.

Also at 10 am ET, the Labor Department is due to release its report on job openings in the month of October. Job openings are expected to decrease to 9.35 million in October after rising to 9.55 million in September.

Federal Reserve Division of Supervision and Regulation Director Michael Gibson is also scheduled to testify before the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion at 10 am ET.


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