Wall St Engine(@wallstengine):S&P Global 🇺🇸 Manufacturing PMI rose to 55.9 from 53.9, the highest since May 2022, while factory hiring increased at the fastest pace in over five years. S&P says AI-related machinery and equipment spending helped drive demand, though export orders fell for a 15th straight month.

Wall St Engine

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Wall St Engine@wallstengine

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S&P Global 🇺🇸 Manufacturing PMI rose to 55.9 from 53.9, the highest since May 2022, while factory hiring increased at the fastest pace in over five years. S&P says AI-related machinery and equipment spending helped drive demand, though export orders fell for a 15th straight month.