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ISM manufacturing index slips to 59.1 in January

The Institute for Supply Management said its manufacturing index in January slipped to 59.1% from 59.3% in December. Economists polled by MarketWatch expected a reading of 58.6%. Separately, IHS Markit said its manufacturing PMI remained steady at a final reading of 55.5 in January from the flash estimate. This was up from 55.1 in December.