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$Adobe (ADBE.US)$ In October, the final PMI value of Markit ...

$Adobe(ADBE.US)$ In October, the final PMI value of Markit manufacturing in the United States was 50.4, expected to be 49.9, and the previous value was 49.9.

PMI data came out higher than expected. It immediately caused a sell-off on the S&P 500. These econmic data is showing that inflation is not slowing like the Fed would like
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