Market sentiment soured on Thursday as a decline in US factory orders sparked a sell-off in equities. According to the latest data, August saw a 0.2% contraction in factory orders, weighing on investor confidence. As a result, the S&P 500 index slipped 0.2%, while the Dow Jones Industrial Average shed 0.4%. Meanwhile, the Nasdaq Composite managed to eke out a modest gain, ending the day virtually unchanged. In a bright spot, crude oil prices rallied, buoyed by Middle Eastern tensions.
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