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A flash manufacturing PMI number of 51 seems more likely than 48, and anything north of 50 will take the SPX higher by validating the recent move in homebuilders, semis and transports.
By Jackson Square Capital, LLCA flash manufacturing PMI number of 51 seems more likely than 48, and anything north of 50 will take the SPX higher by validating the recent move in homebuilders, semis and transports.