Recapping Week 2, still bearishly fearful

Good mornin’ ☕️, good afternoon 🍺, good evenin’ 🥃

I'm Ary, from ESNQ News, and I'm here to break down this week's economic events in plain English — in under 5 minutes — helping you lose less money, make smarter trades and investments, and be the interesting one in conversations about weather and traffic — and, quite frankly, PTA meetings.

Let’s get into it:

👀 Market vibes this week

🤷 What caused it

👇️ Let’s break it down

Alright, so on Monday

We had the S&P Global Services PMI coming in at 56.8, which honestly? Pretty solid news.

Think of PMI like Yelp reviews for the whole services industry — anything above 50 means we're growing. Sick 👍️

At 56.8, this means your local coffee spot with the delish biscotts, tech companies, and basically any business that provides services is doing better than expected.

Then on Chewsday

Things got interesting. We saw three major drops: