Shares of Getty Images, SAIC, Cognex, Hewlett Packard Enterprise, and IBM rose in afternoon trading after the ISM Services PMI report indicated the business services sector expanded for the 24th consecutive month in June. The Institute for Supply Management's Services PMI registered 54 percent, a slight decrease of 0.5 percentage point from May's 54.5 percent, but still above the 50 percent threshold that signals expansion. Getty Images climbed 3.6 percent, SAIC gained 2.9 percent, Cognex advanced 3.5 percent, Hewlett Packard Enterprise rose 3.6 percent, and IBM increased 3.4 percent. The sustained growth suggests resilient demand for service-oriented companies.
Getty Images Holdings Inc.
Hewlett Packard Enterprise Co
Cognex Corporation
International Business Machines
SAIC Motor Corp Ltd