ISM Non-Manufacturing PMI Surpasses Expectations

The ISM Non-Manufacturing PMI for August came in at 52.0, exceeding expectations of 50.8. This indicates continued growth in the services sector, reflecting a resilient economy despite challenges.

Economic Insights from CNBC

Rick Santelli shared insights on the latest economic data during CNBC’s ‘Squawk on the Street,’ highlighting the importance of the ISM report in gauging economic health and future trends in the market.