9/3 Wed 22:07 ET
— Ecoa Notes (@mestonecoa) September 4, 2024
• ISM PMI comes out below forecast 5 months straight, at 47.2 in August, reigniting recession fears. Treasury yields drop, pricing in a higher likelihood of a 50bps cut
• $NVDA shares plunge -9.5% bringing down indices with it. Asia market’s semiconductor… pic.twitter.com/0cXcr2N8YR