US ISM Manufacturing PMI (Jan) 52.6 vs. Exp. 48.5 (Prev. 47.9, Low. 47.9, High. 49.9)
The US ISM Manufacturing PMI for January came in at 52.6, significantly above consensus expectations of 48.5 and indicative of expansion in the manufacturing sector.
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US ISM Manufacturing PMI (Jan) 52.6 vs. Exp. 48.5 (Prev. 47.9, Low. 47.9, High. 49.9)
US EQUITY OPEN: Indices open the week firmer as ORCL reverses initial pre-market weakness
US S&P Global Manufacturing PMI Final (Jan) 52.4 vs. Exp. 51.9 (Prev. 51.9, Rev. From 51.8)
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This stronger-than-expected data not only breaks the previous trend of contraction but also suggests potential upside risks for growth, which may influence future monetary policy decisions by the Fed.
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