ISM Non-Manufacturing Index worsens whereas factory orders surprise

Source: Investing.com
© Reuters
The final Markit US Services PMI came in at 51.3 in May, following the 51.2 preliminary reading and the 51.4 market forecast. Meanwhile, US factory orders rose 1.9% in April, surpassing expectations of the 0.8% gain and March's revised up 1.7% increase, while the Institute for Supply Management Non-Manufacturing Index came in at 52.9, compared to April's 55.7 result and the 55.3 outlook.
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