ISM Services PMI: how futures reacted
Latest check: 2026-10-13. Verify figures and dates on the agency's site.
What it is
The ISM Services PMI summarizes monthly survey responses on U.S. services activity and is produced by the Institute for Supply Management. It is released monthly, usually at 10:00 ET on the third business day; the official reports and schedule are at https://www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/.
Published by Institute for Supply Management.
When it comes out
- Usual time: 10:00 ET
- How often: monthly
- Next scheduled dates: Wed, Nov 4, 2026; Thu, Dec 3, 2026
- Official schedule: www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/
Past releases
| Date | Actual | Prior | Nasdaq (MNQ) | S&P 500 (MES) | Gold (MGC) | Crude (MCL) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 min | 30 min | 60 min | 5 min | 30 min | 60 min | 5 min | 30 min | 60 min | 5 min | 30 min | 60 min | |||
| 2026-10-05 10:00 ET | 54.9 index | 55.4 index | -6.75 -0.02% | +77.50 +0.25% | +92.25 +0.30% | +3.25 +0.04% | +20.75 +0.27% | +21.75 +0.28% | +2.9 +0.07% | +1.7 +0.04% | +11.4 +0.27% | -0.01 -0.01% | +0.11 +0.12% | +0.82 +0.91% |
| 2026-09-03 10:00 ET | 55.4 index | 54.1 index | -64.75 -0.22% | +11.00 +0.04% | +31.25 +0.11% | -15.25 -0.20% | -10.00 -0.13% | -4.00 -0.05% | -5.3 -0.12% | +6.2 +0.14% | +14.4 +0.32% | +0.43 +0.47% | +0.43 +0.47% | +0.26 +0.28% |
| 2026-08-05 10:00 ET | 54.1 index | 54 index | No data | |||||||||||
Moves are in index or price points from the price at the release time, with the percentage underneath. Markets: Nasdaq (MNQ), S&P 500 (MES), Gold (MGC), Crude (MCL). Actual and prior are first-print values in index.
Typical reaction
- Across the 2 releases since 2026-09-03, Nasdaq (MNQ)'s median 30-minute move was 44.25 points (0.14%). It was up 30 minutes later in 2 of 2.
- Across the 2 releases since 2026-09-03, S&P 500 (MES)'s median 30-minute move was 15.38 points (0.20%). It was up 30 minutes later in 1 of 2.
- Across the 2 releases since 2026-09-03, Gold (MGC)'s median 30-minute move was 3.95 points (0.09%). It was up 30 minutes later in 2 of 2.
- Across the 2 releases since 2026-09-03, Crude (MCL)'s median 30-minute move was 0.27 points (0.29%). It was up 30 minutes later in 2 of 2.
| Market | Releases with data | Median absolute 30-min move | Higher | Lower |
|---|---|---|---|---|
| Nasdaq (MNQ) | 2 | 44.25 pts (0.14%) | 2 (100%) | 0 (0%) |
| S&P 500 (MES) | 2 | 15.38 pts (0.20%) | 1 (50%) | 1 (50%) |
| Gold (MGC) | 2 | 3.95 pts (0.09%) | 2 (100%) | 0 (0%) |
| Crude (MCL) | 2 | 0.27 pts (0.29%) | 2 (100%) | 0 (0%) |
Computed only from our own one-minute prices, measured from the price at the release time. Small samples describe what happened; they do not describe what will happen.
Sources
- July 2026 ISM Services PMI - checked 2026-10-13
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/services/july - August 2026 ISM Services PMI - checked 2026-10-13
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/services/august - September 2026 ISM Services PMI - checked 2026-10-13
https://www.ismworld.org/globalassets/pub/research-and-surveys/rob/nmi/rain202609svcs.pdf