The May Chicago PMI surged to 62.7, far exceeding the 50.3 estimate and rebounding sharply from April's 49.2 contraction in one of the largest monthly gains on record.

The MNI Chicago Business Barometer surged to 62.7 in May, far exceeding the 50.3 estimate and rebounding sharply from April's 49.2 contraction reading.

The May Chicago PMI surged to 62.7, far exceeding the 50.3 estimate and rebounding sharply from April's 49.2 contraction in one of the largest monthly gains on record.

PMI Manufacturing rose to a 3-month high of 55 in May, driven by strong domestic demand and increased production activity.

US ISM Manufacturing PMI surged to 54.0 in May, beating forecasts. New Orders hit 56.8. Here's what this means for crypto and risk assets.