ISM Services PMI at 56.7; Business Activity Grows Robustly, Easing Recession Fears

ISM SERVICES KEY POINTS: July ISM services PMI rises to 56.7 from 55.3, beating expectations calling for a decline to 53.5 Strong business activity suggests the economy remains resilient and may be able to avoid a hard landing All eyes will now turn to the July NFP report Most Read: S&P 500 and Nasdaq 100 …

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