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Stocks Moderate ISM Employment Index Slips Sharply

EQUITIES
  • After a strong start on the bell (e-mini S&P rallied to touch 4230.00, a new intraday high), prices moderated to push prices below 4215.00.
  • Latest ISM data prompted a wave of USD sales and has appears to have steadied stocks. Some attention on the sharp slowing in the ISM employment index (down to 50.9 from 55.1) to mark the lowest level since November last year.

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