The closely watched ISM manufacturing index cratered to a 10-year low last month
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| | | 10/01/2019 | |
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| Dow Slides 343 Points to Start October | | By Lillian Currens | | The Dow got off to a rocky start for October, losing over 300 points after the ISM manufacturing index hit its worst reading since June 2009. Respondents pointed to an increased impact from tariffs and the ongoing U.S.-China trade war, and this bleak data point sent stocks reeling ahead of next week's expected meeting between Washington and Beijing -- even as expectations for an October interest rate cut suddenly jumped. Against this backdrop, the S&P and Nasdaq both ended sharply lower, as well. Continue reading for more on today's market, including: | | >> Continue reading... | |
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