The Dow Jones Industrial Average dropped 53.23 points to 25,863.60 in morning trading on Tuesday, with the S&P 500 down 4.35 points, or 0.15 percent, to 2,989.81 as of 10:05 eastern standard time following the release of the ISM’s new report on US manufacturing activity, which showed a greater than expected drop.
Moments before the report was released, the Dow was up 113.19 points, while the S&P was up 13.07.
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