S&P Global U.S. manufacturing PMI comes in as expected

Group 1 - The final reading for S&P Global's manufacturing PMIs for September remains at 52, indicating stability in the manufacturing sector [1] - The mid-month reading for September was also 52, marking the lightest reading since July, which was slightly below 50 [1] - July is noted as the only month this year with a PMI below 50, suggesting a contraction in manufacturing activity [2] Group 2 - ADP reported a decrease of 32,000 jobs, the lightest figure since March 2023, which has influenced interest rates to decline [2] - Interest rates have decreased by six basis points for the 10-year and eight basis points for the 2-year [2]