When there’s a big market plunge on a Monday, that usually means there’s more to come

Bloomberg Markets

Brett Ewing on Nikkei CNBC Japan

The Tallahassee Economic Index, which tracks the area’s economic growth, has released its August numbers, which show a bleak month of spending, but continued stability in the strength of the job market.

Stocks turn lower by the afternoon session Monday as crude oil loses the day’s highs and uncertainty over the Federal Reserve’s September meeting continues.

The Tallahassee Economic Index, a growth indicator created by First Franklin Financial Services, released numbers on Monday that show Tallahassee’s job market struggled during May while real estate thrived.