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Wall Street slips as China trims growth target

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NEW YORK (Reuters) – Stocks fell on Monday for the second straight session and the third in the last four trading days, led lower by basic materials shares after China trimmed its growth target for 2012. The S&P 500 index opened lower and data showing the U. S. services sector expanded in February at its fastest pace in a year did little to stem the decline. The benchmark S&P 500 is up 8. 5 percent so far this year on investor expectations for a recovery in the U. S. . . .

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