Wall Street dips at open on growth concerns

Wall Street edged lower on Monday as renewed concerns about China’s housing market and its economic growth.S P X was down 5.51 points, or 0.36 percent, at 1,512.69.Also weighing on the market, Italy could be inching closer towards another election within months.The $85 billion in across-the-board U.S. spending cuts began taking effect over the weekend.Janet, the Federal Reserve’s influential vice chairwoman, said the central bank’s aggressive monetary stimulus.

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Wall Street dips at open on growth concerns