MARKET DAILY

Market 09/03: Economic Data Disappoints on First Day of September

Investors rotate capital preparing for a turbulent first week

Key highlights:

  • Manufacturing PMI disappoints

  • Construction spending unexpectedly drops in July

  • Raw material prices drop after disappointing economic data from China

  • Intel may be removed from Dow Jones

  • Market: SPX collapses below 5600, Tech retreats -3.5%

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