Mfg PMI 56.0 vs 55.5 est, UMich 48.0 vs 46.3.
The short answer
JUST IN: Mfg PMI 56.0 vs 55.5 est, UMich 48.0 vs 46.3.
Key figures (as reported)
- Manufacturing PMI: 56.0, stronger than 55.5 est (prior 55.9)
- Services PMI: 57.9, weaker than 58.0 est (prior 58.8)
- UMich sentiment: 48.0, stronger than 46.3 est (prior 48.1)
- Trader read: firmer factory and consumer surveys often lift Fed hike bets and widen NQ futures ranges.
Sources
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