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July ISM Manufacturing: 49.8 vs. 50.4 Consensus

Wednesday, 1 Aug 2012 | 10:00 AM ET

CNBC's Rick Santelli reports the latest numbers on manufacturing, and CNCB's Bob Pisani takes a look at some trading glitches in mid-morning action. Also, CNBC's Steve Liesman weighs in on whether the Fed will take possible action after the latest slew of weak economic data.