Trade War: Manufacturing Index

trade war: The Dow Jones Industrial Average DJIA, -1.86% finished 343 points, or 1.3%, to 26,573, according to Market Watch. The S&P 500 index SPX, -1.79% declined 1.2% at 2,940, while the Nasdaq Composite Index COMP, -1.56% fell 1.1% to 7,908. The Institute for Supply Management's manufacturing index dropped to 47.8 in September from 49.1. The slowdown in manufacturing reflects a retrenchment in the U.S. and global economies exacerbated by a trade war with China. Any reading below 50 indicates deteriorating conditions. Economists surveyed by Market Watch had forecast the index to total 50.2. (news.financializer.com). As reported in the news.