The Presidential Daily Brief

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  1. U.S. Market Numbers Rebound After Weak Manufacturing Data

    Stocks reclaimed some ground on Tuesday, after U.S. markets suffered the worst February day since 1933 and the sharpest drop since June in the wake of discouraging manufacturing numbers from the Institute of Supply Management. Next up: Employment data, to be released Friday. That’s an important indicator of whether yesterday’s numbers point toward a broader slowdown. With ongoing concerns over recent market tumbles, the Federal Reserve’s plans for interest rates and slowing auto sales, so far 2014 has given investors plenty to wring their hands over.  

    Sources: BloombergNPRUSA TodayNYT

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