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US ISM Services Employment (Feb) 51.8 (Prev. 50.3)

Newsquawk Staff ·

US ISM Services Employment (Feb) 51.8 (Prev. 50.3)

What it means

The U.S. ISM Services Employment index at 51.8 for February, up from the previous 50.3, indicates a stronger performance in the sector, suggesting growing employment in services. This uptick could imply increased economic activity, potentially influencing Fed policy expectations and providing some support for risk assets. Market participants will likely assess this in light of the broader economic context and inflation dynamics.

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