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ISM ----- The Institute for Supply Management
A reading on the nation's service economy, whose industries range from banking to retail and travel and account for 80 percent of U.S. economic activity, came in as expected and gave investors little reason to rally on hopes of an interest rate cut. But it also appeared to quiet some concerns about a sharp economic slowdown.
A reading on the nation's service economy, whose industries range from banking to retail and travel and account for 80 percent of U.S. economic activity, came in as expected and gave investors little reason to rally on hopes of an interest rate cut. But it also appeared to quiet some concerns about a sharp economic slowdown.
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