U.S. June Services Activity Slowest since Jan. '10

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U.S. June services activity slowest since Jan. '10 (by Steve Goldstein)

WASHINGTON (MarketWatch) -- U.S. services activity slowed in June to the weakest level since January 2010, according to data released by the Institute for Supply Management on Thursday. The ISM services index fell to 52.1% from 53.7% in May, which was worse than the 52.9% than economists expected. Of key components, the production index dropped 3.9 points, the new orders component fell 2.2 points, while the employment component rose 1.5 points.

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