US stocks fell by more than 300 points on Tuesday following the worst report on US manufacturing from the Institute for Supply Management (ISM) in a decade.
The Tuesday report from ISM, the world’s oldest and largest supply management association, found that economic activity in the US manufacturing sector continued its slowdown in September from the previous month, falling to the lowest level since June 2009, at the tail end of the Great Recession that gutted the US financial industry.
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