“Gold and stocks rise as Wall Street remains hopeful: August 5, 2020”

“America’s services sector grew for a second month in a row in July and beat economists’ expectations. But beneath the headline number, some things are still quite gloomy.

The Institute for Supply Management’s index to measure non-manufacturing activity climbed to 58.1, from 57.1 in June. Any reading over 50 means the sector is expanding… Supplier deliveries, inventories and prices all expanded at a slower pace in July compared to the prior month…”

https://www.cnn.com/business/live-news/stock-market-news-080520/index.html