QQQ recovers to a slight gain while SPY slips amid mixed PMI and sentiment data

QQQ opened 0.30% lower and recovered to finish up 0.13%. SPY opened 0.22% lower and ended down 0.14%, leaving QQQ ahead by 0.28 percentage point. U.S. services PMI was 52.5 versus 52.9 expected, while manufacturing PMI matched the 51.9 estimate. The University of Michigan consumer sentiment final reached 56.4, a five-month high. The U.K. composite PMI rose to 53.9 versus 51.7 expected, while Eurozone services PMI was 51.9 versus 52.6 expected and 52.4 prior.