India, May 5 -- A report released by the Institute for Supply Management on Tuesday showed a slight slowdown in the pace of growth in U.S. service sector activity in the month of April.
The ISM said its services PMI slipped to 53.6 in April after falling to 54.0 in March, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 53.7.
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