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Wall St. loses ground on growth fears, oil slide
U.S. stocks fell on Tuesday after weak economic data in China and Europe reignited worries about global growth, while oil prices dropped for a second day, dragging down energy shares. Bucking the day's trend, Apple (AAPL.O) rose 1.6 percent to $95.18, breaking an eight-session streak of losses. Activity in China's factories shrank for the 14th straight month in April as demand stagnated, a private survey showed. Britain's manufacturing output also unexpectedly shrank last month to its lowest level in three years. U.S. oil prices CLc1 settled down 2.5 percent as rising output from the Middle East renewed concerns ... (full story)