Today, traders also had a chance to take a look at the final reading of the S&P Global Services PMI report for February. The report has revealed that S&P Global Services PMI declined from 52.9 in January to 51 in February to 51 compared to analyzer forecast of 49.7.
S&P Global Composite PMI declined from 52.7 in January to 51.6 in February, while analysts expected it to fall by 50.4.
The US dollar index went away from the session offer after the release of the better-rich ISM service PMI report. Currently, the US dollar index is trying to settle back above the level of 104.60.
Sona was mostly flat after releasing the report. Gold continues his efforts to settle above the level of $ 2920 as traders focus on weak US dollars.
The SP500 retaliated from the session climb and tried to climb above the 5800 level. From the point of view of a large picture, stock traders remain focused on business wars, and it remains to be seen whether the ISM services PMI report will serve as a positive catalyst for shares today.
For a look at all economic events today, check our economic calendar.
