S&P Global Manufacturing PMI Reaches 52.0, Second Best Reading of the Year
CNBC TelevisionJune 7, 20251 min2,401 views
4 connectionsΒ·6 entities in this videoβManufacturing PMI Data
- π The latest S&P Global Manufacturing PMI reading came in at 52.0, a slight decrease from the mid-month read of 52.3.
- π Despite the small dip, this figure represents the second-best reading of the year and the highest since February.
- π This marks the fifth consecutive month of manufacturing activity being in expansion territory (above 50).
- β οΈ This contrasts with the end of the previous year, which saw six consecutive months below the 50 threshold.
Market Reaction
- π Equities are trading slightly lower today.
- π Maturity yields are a bit higher.
- β³ Further manufacturing data, the ISM manufacturing PMI, is expected at the top of the hour.
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Whatβs Discussed
S&P Global Manufacturing PMIManufacturing PMIEconomic DataExpansion TerritoryISM Manufacturing PMIMarket ReactionEquitiesMaturity Yields
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