ISM SERVICES PMI RISES TO 53.5; SP500 Rebounds from Session Lows

Today, Traders Also Had A CHANCE TO DAKE A Look at the Final Reading of S&P Global Services PMI Report for February. The Report Showed that S&P Global Services Pmi Declined from 52.9 in January to 51 in February, Compared to Analyst Forecast of 49.7.

S&P Global Composite PMI Decreased from 52.7 in January to 51.6 In February, While Analysts Expectioned that It Wound Drop to 50.4.

US Dollar Index Moved Away from Session Lows After the Release of the Better-Yan-Expected ISM Services PMI Report. Currently, US Dollar Index is Trying to Settle Back Above the 104.60 Level.

Gold Was MOSTLY FLAT AFTER The RELEASE OF THE REPORT. Gold Continues ItTempts to Settle Above the $ 2920 Level As Traders Focus on the Weak US Dollar.

SP500 Rebounded from Session Lows and Made an Attempt to Climb Back Above the 5800 Level. From A Big Picture Point of View, Stock Traders Remain Focused on Trade Wars, and It Remains to Be Seen Watinger Ism Services PMI Report Will Serve Serve as Ax.

For a look at all of today’s Economic Events, Check Out Our Economic Calendar.