Concerns of Recession Loom as US Service Sector Contracts and Job Growth Slows =============== #f2d27f10 ver:0.21 Concerns of recession loom as US service sector contracts and job growth slows. CEOs express optimism about the economy, citing reduced inflation and interest rate cuts as positive developments. However, market expert warns of potential stock market correction. ISM Services data shows contraction in the service sector, indicating a recession in Q3 2024. The upcoming presidential elections and a potential deepening recession add to the uncertainty. #economy #recession #stockmarket #jobgrowth #CEOs #interestrates... #newstr #S&p500 #Recession #UsEconomy #IsmServices #JobMarket #YieldCurve #StockMarket #FederalReserve https://here.news/story/f2d27f10?ver=0.21