Reported 12 months ago
The June Services Purchasing Managers' Index (PMI) report revealed disappointing figures with the Institute for Supply Management (ISM) services index dropping to 48.8, below the expected 52.7. A reading below 50 indicates a sector contraction. The report details were discussed by hosts Madison Mills and Brad Smith, who examined market reactions in US equities and Treasury yields, along with the implications for the broader economy.
Source: YAHOO