China’s crackdown on the tech industry continues, China’s industry ministry with new directives for the sector. 
Reuters conveying the information from Chinese media on Satuday, the 21st Century Business Herald.

20 years ago suddenly things changed
The date of September 11, 2001 came about one month after I had moved from the New York/ New Jersey area to my present home in Arizona. If my family had not moved, I would’ve been in downtown Manhattan either in an office on Wall Street or another office just

The stocks close at session lows
The major stock indices are closing lower for the day. The Dow and S&P fell for the fifth consecutive day. That is the longest losing streak since February. 

NASDAQ is now down -125 points or -0.82%.
The stock market started to tilt more to the downside after the the judge issued an injunction restricting Apple activity toward app developers. Apple shares are trading down -3.35% at $148.93.

White House on the call between Biden and Xi
The White House is out saying:
 

NASDAQ index trading to a new session low
The NASDAQ index is now trading at new session lows down about -60 points or -0.39% at 15187.40.

The Dow is down -146 points or -0.42% at 34731.

The broad crackdown across multiple sectors continues in China
No details just yet but just be wary of this as it plays to the wider regulatory measures being imposed across the Chinese market as of late.

Remarks by the PBOC on the prospects of a digital yuan
In case you missed Eamonn’s earlier in the day and how this ties to the crackdown of Alibaba and other firms threatening China’s financial payments system.

Equities in a better mood towards the end of the week
Dip buyers in the S&P 500 and Dow will be looking to snap a four-day losing streak, as risk sentiment looks to be holding firmer in the final trading day this week.

ECB announces their latest monetary policy decision – 9 September 2021
In any case, as mentioned earlier , the optics may suggest a more hawkish tilt but essentially this will be balanced out by continued (and likely higher) APP purchases once the PEPP envelope expires in March next year.
So, it is basically just an operational/technical taper