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Wednesday, 07/03/2024 10:24:52 AM

Wednesday, July 03, 2024 10:24:52 AM

Post# of 143459
US service sector sags in June as orders sink
Reuters Wed, Jul 3, 2024
WASHINGTON (Reuters) - A measure of U.S. services sector activity slumped to a four-year low in June amid a sharp drop in orders, potentially hinting at a loss of momentum in the economy at the end of the second quarter.
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https://finance.yahoo.com/news/us-sector-sags-june-orders-140455377.html

US filings for jobless claims inch up modestly, but continuing claims rise for ninth straight week
MATT OTT Updated Wed, Jul 3, 2024
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The total number of Americans collecting unemployment benefits rose for the ninth straight week, to 1.86 million, for the week of June 22. That’s the most since November of 2021.
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https://finance.yahoo.com/news/us-filings-jobless-claims-inch-124019788.html

Treasury 10-Year Yield Falls After Soft Jobs Data: Markets Wrap
Rita Nazareth Wed, Jul 3, 2024
(Bloomberg) -- The Treasury market saw a drop in yields for most maturities as data showing further weakness in the US labor market reinforced the case for the Federal Reserve to cut interest rates this year.
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https://finance.yahoo.com/news/asia-stocks-rise-p-500-221910701.html
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