American manufacturing keeps expanding

US manufacturing saw a stronger than expected October.
The Institute of Supply Management's purchasing manager's index (PMI) came in at 51.9 for the month, above expectations of 51.7 and up from the prior month's 51.5.
"After rebounding out of contractionary territory in September, the sustained advance in the ISM manufacturing PMI helps to confirm that the August deterioration was a short-lived blip," wrote Brittany Baumann, macro strategist at TD Securities, in a note. "Togethe