WALL STREET: ‘ US Service Sector Growth Lowest Since April 2014 ‘

#AceFinanceNews – June:.03: The Institute for Supply Management’s gauge of service-sector growth fell to 55.7 in May from 57.8 the month prior. Wall Street expected a shallower fall to 57.

The reading was the lowest since April 2014.

Readings above 50 point to expansion, while those below indicate contraction.