US S&P Global Services PMI August actual 56.8, above estimate 54.0 and prior 54.6

The August services PMI printed at 56.8, well above the 54.0 estimate and the previous 54.6. This is a clear upside surprise for the dominant US services sector, suggesting economic momentum remains solid. Markets may interpret this as reducing near-term recession risk and potentially delaying rate-cut expectations. 45 clean stories shaped this window, with sentiment bullish at 69/100. Also in focus: Tesla receives Nevada permit for autonomous vehicle network, clearing path for paid robotaxi service in Las Vegas.