Reported 11 months ago
The S&P Global US Composite Purchasing Managers Index (PMI) for June surpassed expectations at 54.6, with major US indexes reacting cautiously while Treasury yields surged. Meanwhile, existing-home sales decreased by 0.7% in May, with median home prices reaching a record high of $419,300. The article discusses the implications of these numbers for the broader market and provides expert insights.
Source: YAHOO