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Disappointing data today

Stock market fell today from global economic number that did not meet expectation. Investors also lost confidence on some of top stocks. S&P dropped 0.8% to 1851.43. The disappointing U.S manufacturing number fell to 55.5 from 57.1 in February but still looking OK compare to the China’s number which was only 48.1, huge disappointment. In Europe, the same measurement fell to 53.2.