Wall St off on economy concerns, dip buying seen

NEW YORK (Reuters) – Wall Street stocks eased on Monday after data showing a decline in European private sector activity last month and a reduced target for China growth gave investors reason to pause. But losses were limited in a sign investors were looking to buy on dips, a familiar pattern this year as cheaper valuations drew in those betting on an improving U.S. economy and lured investors who may have missed this year’s rally. …

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