Here's your summary from US Services Sector Expands by the Most in Nine Months (https://www.youtube.com/watch?v=j-3tyZJxH4k) on the Bloomberg Television channel:
**TLDR:** The US services sector expanded significantly, with the ISM Services index higher than expected, while prices paid fell and employment was a bit disappointing.
1. ISM Services index came in at 53.8, up from 49.4 last month, exceeding the forecast of 51.0.
2. Prices paid index fell to 58.1 from 59.2, while employment was at 47.1, below the forecast of 47.2.
3. New orders index improved to 54.1 from 52.2, raising questions about the economy's growth pace and the Fed's concerns.
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