The Taiwan stock market dropped over 170 points in the past two sessions, resting just below 22,100 points. Global markets are negative, with concerns about the economy. On Tuesday, the TSE fell 0.64%, led by losses in financial and technology sectors. Wall Street also saw a significant decline, with the Dow down 1.51%, NASDAQ down 3.26%, and S&P 500 down 2.12%. Weakness stemmed from a decline in U.S. manufacturing activity and construction spending. Oil prices hit a nine-month low on oversupply concerns. The Federal Reserve is expected to lower rates, with a 63.0% chance of a quarter-point cut.

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