Gold jumps 3% as ISM services PMI rises in August
The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.
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The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.
U.S. stocks closed higher Friday while S&P Global’s flash composite PMI rose to 56.0 in August from 54.5, with services at 56.8 versus 54.0 expected.