Wall St slips despite US data

Better than expected US non-manufacturing data helps markets offset EU move to cut 2014 growth forecast.

United States stocks pared losses as investors digested a stronger-than-expected reading on the US services industry and looked ahead to key jobs data later in the week.

The Dow Jones Industrial Average shed 25 points, or 0.2%, to 15,614 points. Earlier in the day, the blue-chip index fell as much as 117 points.

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