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US STOCKS SNAPSHOT-Wall Street drops as U.S. factory activity contracts

Published 02/12/2019, 16:15
Updated 02/12/2019, 16:18
© Reuters. US STOCKS SNAPSHOT-Wall Street drops as U.S. factory activity contracts
US500
0.03%
DJI
-0.02%
IXIC
-0.01%

Dec 2 (Reuters) - U.S. stock indexes dropped on Monday after

data showed the U.S. manufacturing sector contracted for a

fourth straight month in November as new order volumes slid to

their lowest level since 2012.

The Institute for Supply Management (ISM) said its index of

national factory activity fell to 48.1 from 48.3 the month

before. The reading was below expectations of 49.2 from a

Reuters poll of 57 economists. At 10:05 a.m. ET, the Dow Jones Industrial Average .DJI

was down 118.11 points, or 0.42%, at 27,933.30, and the S&P 500

.SPX was down 19.36 points, or 0.62%, at 3,121.62. The Nasdaq

Composite .IXIC was down 87.43 points, or 1.01%, at 8,578.04.

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