NASDAQ, S&P 500, and Dow Jones Forecast: Stocks Decline as Traders React to Key Services Sector Data
Key Points:SP500 pulled back towards the 6300 level as traders reacted to ISM Services PMI report. NASDAQ pulled back towards 23,000 amid falling appetite for risk. Dow Jones settled near 44,100 as traders focused on economic data. SP500SP500 050825 4h ChartSP500 is losing ground as traders react to the weaker-than-expected ISM Services PMI report. The report showed that ISM Services PMI decreased from 50.8 in June to 50.1 in July, compared to analyst consensus of 51.5. Numbers above 50 show exp