ISM Services PMI Rises To 53.5; SP500 Rebounds From Session Lows

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Today, traders also had the opportunity to take a look at the last lecture of S&P Global Services PMI report for February. The report showed that S&P Global Services PMI fell from 52.9 in January to 51 in February, compared to analyst forecast of 49.7.

S&P Global Composite PMI dropped from 52.7 in January to 51.6 in February, while analysts expected it to fall to 50.4.

After the release of the better in collaboration with ISM-Services PMI report, US Dollar Index left after the release of the release of the better than expected in collaboration with. Currently, the US Dollar index is trying to settle back above the level of 104.60.

Gold was usually flat after the release of the report. Gold remains his attempts to settle above the level of $ 2920, while traders focus on the weak US dollars.

SP500 recovered from the lows of the session and made an attempt to climb back above the 5800 level. From a large picture of the point of view, stock traders remain focused on trade wars, and it is still to be seen whether ISM Services PMI report today will serve as a positive catalyst for shares.

View our economic calendar for all economic events today.

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