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Manufacturers Signal U.S. Stock Rally to Fade: Chart of the Day

U.S. manufacturers are signaling that a two-year surge in stocks may give way to smaller gains, according to Jeffrey Kleintop, chief market strategist at LPL Financial Corp.

The CHART OF THE DAY compares the Institute for Supply Management’s manufacturing index, based on a monthly survey of corporate purchasing managers, with the year-to-year percentage change in the Standard & Poor’s 500 Index.