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Dow Jones turns lower after US manufacturing miss-40k in the crosshairs now

The Dow Jones opened in the red today, but that was entirely expected and priced in beforehand. However, in early trading it was outperforming the Nasdaq 100 in relative terms, but since the release of that US PMI data on manufacturing that has dented the Dow. The index has now fallen below 40100 and looks like this time we could easily see a break of 40k. That is a level that held firm at the last time of asking the prior week, but it seems much less likely to do so this time around. The Dow Jones is now more closely matching downside strides with the tech sector following this disappointing US data. The index is currently trading at 40,025 

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