Market Commentary | October 6th, 2025
Last week’s economic data painted a mixed picture of the U.S. economy.
Last week’s economic data painted a mixed picture of the U.S. economy.
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The week began with key sentiment data from the S&P Global Manufacturing and Services Purchasing Managers’ Indices (PMIs). Both readings came in slightly below market expectations and last month’s figures, suggesting some softening in forward-looking sentiment. However, with Manufacturing at 52.0 and Services at 53.9, both remain above the 50 threshold, signaling continued expansion in economic activity rather than contraction.
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