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Chicago PMI and Consumer Sentiment Trigger Stock Market Rally to All-Time High
January's PMI reading from Chicago was 59.6, well above the breakeven reading of 50 that economists use as the benchmark .
Then the Reuters/University of Michigan released its revised consumer sentiment reading for February. This report came in at 81.6, higher than the preliminary reading of 81.2 and slightly higher than the Bloomberg consensus reading of 81.5. |
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