Stock Market Today: Stocks End Sharply Lower After Mid-Morning Reversal
Stock Market Today: Stocks End Sharply Lower After Mid-Morning Reversal
Strong Meta earnings weren't enough to offset signs of a cooling economy.
![stock market chart with purple and teal bars](https://cdn.mos.cms.futurecdn.net/nTSm8xhtUvj2TqBHJnKgxH-415-80.jpg)
Stocks appeared poised to build on Wednesday's Fed-fueled gains, opening higher across the board Thursday. However, the main indexes quickly swung into negative territory following a round of disappointing economic data.
Specifically, the Institute for Supply Management said its Manufacturing Purchasing Managers Index (PMI) fell to 46.8% in July from …