Wall Street dips, S&P on track for monthly loss

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) – Stocks slipped on Monday with the S&P 500 on track for its first monthly decline since November after reports hinted at a stalled U.S. recovery and Spain sank into recession, underscoring nagging euro zone stresses. The S&P was in jeopardy of ending a 4-day run as it fell below the technically important 1,400 level. The S&P closed above 1,400 for the first time in three weeks on Friday and that point has been a key resistance for weeks. U.S. …



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