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PMI Data

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FORECASTS2 HOURS AGO
S&P 500 and Nasdaq Futures Pull Back as Hot PMI Data Sends 10-Year Yield Above 5%
U.S. stock index futures are under pressure as rising Treasury yields, firmer crude and stronger services data force traders to reassess rate expectations. The S&P 500 remains in an uptrend, but buyers now face a key test near important moving average and retracement support levels.