Stocks Pare Losses, But Can't Shake Slowdown Concerns

(TheStreet) -- U.S. stocks pared earlier losses but remained in negative territory as suggestions of a global economic slowdown from disappointing overseas data overshadowed better-than-expected U.S. economic numbers. The Dow Jones Industrial Average was dropping 55, or 0.5%, to 11,099. The S&P 500 was down 10 points, or 0.9%, at 1150, and the Nasdaq was losing 23 points, or 0.9%, to 2458. Morning trading was choppy as investors digested a raft of numbers on business activity, consumer sentiment and consumption. The three major averages have since bounced off early lows.

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