In the US, ISM Services Index for January surprised to the upside. The PMI came in at 53.4 (prior 50.6), which compares to a Reuters poll showing consensus expectations of 52.0. The Prices Paid, New Orders, and Employment Index also all came in higher than December's print. The upside surprise in the ISM Services Index aligns with how most recent US data releases have surprised to the upside.
More Excuses For A Pullback In The Stock Market seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
January s Big Jobs Number Comes With Noise, and With Ongoing Inflation Warnings theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.