US September S&P Global flash services PMI 58.7 vs 56.0 expected

  • Prior was 56.8
  • Manufacturing 57.0 vs 53.6 exp
  • Prior manufacturing 53.2
  • Composite 58.4 vs 56.0 prior

This is a nice jump and underscores the Fed’s rate hike and hawkish stance. These are five-year highs across the board.

This article was written by Adam Button at investinglive.com.

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