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flag U.S. services sector contracts in May, signaling economic uncertainty amid tariff concerns.

flag The U.S. services sector unexpectedly contracted in May, with the ISM Services Purchasing Managers' Index (PMI) dropping to 49.9, below the expected 52.0. flag New orders and business activity also fell, but employment increased to 50.7, and prices rose to their highest since November 2022. flag The decline signals economic uncertainty due to tariff uncertainties, affecting planning and ordering.

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