US PMI Data Signals Extended Economic Activity in May
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#142fda0b ver:0.51

US PMI data signals extended economic activity in May, prompting markets to reconsider rate cut expectations. European markets finished higher, but concerns over rate cuts led to some gains being given up. Manufacturing in Europe shows signs of improvement, while service sector activity is mixed. The US economy is proving more resilient, with a US recession appearing further away. US company earnings are expected to hold up. The S&P 500 is up 3.96% YTD. #economy #PMI #ratecuts...

#newstr #UsPmiData #EconomicActivity #S&pGlobalPmi #Eur/usdExchangeRate 

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