Dallas Fed Services Revenues For June 1.9 Vs 6.7 Prior
Portfolio Pulse from Benzinga Newsdesk
The Dallas Fed Services Revenues for June reported a significant decline to 1.9 from the previous 6.7. This indicates a slowdown in the services sector, which could have broader implications for the economy.
June 25, 2024 | 2:30 pm
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The Dallas Fed Services Revenues for June showed a significant decline to 1.9 from 6.7, indicating a slowdown in the services sector. This could negatively impact the broader market, as represented by SPY.
A significant decline in the Dallas Fed Services Revenues suggests a slowdown in the services sector, which is a critical component of the economy. This could lead to broader market concerns, potentially impacting SPY negatively in the short term.
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