U.S. Chicago PMI increased 0.6 points to 58.3 in April after rising 0.3 points to 57.7 in March and surging 7.1 points to 57.4 in February, signaling a third month of expansion in the economy. The April increase brought the 3-month moving average up to 57.8 from 55.1, and the 6-month average to 55.8 from 54.7. However, only 3 components rose, including employment and new orders
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