The ASX200 is set to trade lower with futures virtually flat – down just 0.07% – around 8:30 AEST. This is despite a positive performance on the US stock market on Friday, as the S&P 500 lifted 1%, the Nasdaq 100 rose1.3%, and the Dow Jones hit a new record close, increasing 228 points. However, a key reading for Chinese factory activity also showed that it had fallen the greatest extent six months. NBS Manufacturing PMI in China dropped to 49.1 in August 2024 from 49.4 in the preceding month. This was lower than market expectations, which had tipped a figure of 49.5. On the ASX, Rumble Resour…