US Services PMI Rises
This is a US news story, published by CoinGape, that relates primarily to Institute for Supply Management news.
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PMI ReadingsCoinGape
•US Recession Fears Abating As Services PMI Hits 51.4%
67% Informative
US Services Index from Institute for Supply Management (ISM) rose to 51.4% for the month of July .
This marked the sector’s expansion for the 47th time in 50 months .
The ISM went above expectations of 51.0 , in addition to positive moves in services employment and inventory.
More than $1 billion exited the crypto market within the 24 hours .
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