Easing in output prices component of @SPGlobal U.S. PMI has been consistent with broader disinflation, but question remains as to whether they’re stuck at a higher range pic.twitter.com/SBmGAd0Ior
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Liz Ann Sonders
LizAnnSonders
U.S. Composite PMI per @SPGlobal has moved lower but is still broadly consistent with solid GDP growth (in year/year terms) pic.twitter.com/462vvUtwuE
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Ryan Detrick, CMT
RyanDetrick
S&P 500 with a max pullback of 5.5% in '24 so far.
Since 1980, only 4 full years saw a smaller pullback.
Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL
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Ryan Detrick, CMT
RyanDetrick
79 stocks in the S&P 500 made a new 10 day high, most in two weeks.
33 made a new monthly high, again, most in two weeks.