10:08 AM EDT, 07/06/2026 (MT Newswires) -- The Institute for Supply Management's US services index fell slightly to a reading of 54.0 in June from 54.5 in May, as expected in a survey compiled by Bloomberg as of 6:10 am ET.

The ISM's reading is in line with some regional Federal Reserve bank measures and the S&P Global measure that indicated expansion but was in contrast with others that pointed to contraction.

There were declines in the readings for production, new orders and prices, but gains in the readings for employment and order backlogs.

The monthly national services reading from the Institute for Supply Management is reported as a headline index, with readings above 50 indicating expansion and those below 50 indicating contraction. Component indexes measure new orders, production, employment, and prices.

An increase in the index further above 50 is considered a sign of a strong US services sector and would be a positive for service-sector stocks. Rising prices would normally be a negative for both stocks and bonds.