New York CNN —
Wall Street kicked off the month of September with a bust, after a disappointing economic report dragged down the Dow by 626 points, or 1.5%, Tuesday afternoon.
The latest manufacturing report from the Institute for Supply Management showed a fifth-straight month of declines, fueling concern that aggressive rate hikes from the Federal Reserve have inflicted too much damage on the US economy.
Traders were already jittery ahead of a big month of economic news, from Friday’s key jobs report to next week’s inflation readings and then the long-awaited rate cut from
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