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There were over 11.5 million cases worldwide as of July 7, with the U.S. accounting for almost 3 million of the cases, according to Johns Hopkins University data.
Meanwhile, the U.S. reported an Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI) of 57.1 for June on Monday. Despite a higher-than-expected figure exceeding analyst forecasts as well as indicating the U.S. services sector is back to growth, some investors remain cautious about the global economic recovery with the ever-increasing numbers and no cure.