MARKET WIRE NEWS

PMI Drops

Source: SeekingAlpha

2026-07-01 21:50:00 ET

June manufacturing PMI was reported at 53.9 with May revised to 55.1. My observation is that May’s AI investor sell-off was a factor. There is a hair-trigger in the current market by which good news can cause an issue to decline 15% in minutes, as we saw with ATRO yesterday, only to recover shortly on no follow-up news....

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PMI Drops
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