Activity in services sector shows record rebound in June

WASHINGTON (AP) — Activity in the U.S. services sector showed a record rebound in June but future improvement could be jeopardized by the resurgence of coronavirus cases in many parts of the country. The Institute for Supply Management said Monday that its service sector index rose to 57.1 in June, up from a reading of 45.4 in May. Any reading above 50 means that the service sector, where the majority of Americans work, is expanding. The report on activity in the services sector followed a