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Asia stocks perk up as US service companies expand

2012-06-06 09:39:01 (читать в оригинале)

Asia stocks perk up as US service companies expand gucci shoes BANGKOK — Asian stock markets perked up Wednesday after U.S. service companies, which employ most of the American workforce, grew at a slightly faster pace in May.
The result provided some relief for markets following a slew of dismal economic data, including a disappointing U.S. jobs report and a slowdown in Chinese manufacturing, that intensified fears of a global economic recession.
On Tuesday, the Institute for Supply Management said its index of non-manufacturing activity edged up to 53.7 last month from an April reading of 53.5. That is important because U.S. service companies employ roughly 90 percent of American workers. It marked the 29th straight month of expansion for the sector.
While a reading above 50 indicates expansion, analysts remained cautious about reading too much into the latest figure.

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