ISM services for July 51.4 vs 51.0 expectedUS final July S&P Global services PMI 55.0 vs 56.0 prelimFed's Goolsbee: Jobs numbers are weaker but it's not looking yet like a recessionEyes on Iran with a response expected todayWhat's priced in for the Fed after the latest turmoilMarkets:S&P 500 down 3.0%Nasdaq down 3.4%US 10-year yields down 1.1 bps to 3.78%Gold down $36 to $2407WTI crude oil up 22-cens to $73.77JPY leads, NZD lagsIt was a bruising day for North American markets but it could have been much worse after the day kicked off with a record 12% decline in Japanese stocks. The market was in the full-on fetal position as US traders rolled in with megacap tech stocks looking like they wo
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