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Possibly noteworthy as the Dow touches......>

US DATA
US DATA: Possibly noteworthy as the Dow touches all-time highs... from IHS
Markit Chief econ Chris Williamson re the June PMI Manufacturing reading: "A
major development in recent months has been the deteriorating performance of
larger companies, where the last two months have seen the lowest PMI readings
for a decade. After inventories rose sharply earlier in the year, large
companies have moved to destocking in May and June amid a sharp slowing in new
order inflows.

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