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China also impacted U.S. stock markets. Besides the manufacturing data, China's slowing economy dragged down earnings at Caterpillar, the world's largest construction equipment company. Shares of Caterpillar, a component of both the Dow Jones industrial average and the Standard & Poor's 500 index, dropped 2.7 percent. At the pump, the average price for a gallon of gasoline slipped 1 penny to $3.66. That's still up 18 cents from a year ago. In other energy futures trading on the Nymex: Wholesale gasoline lost 0.4 cent to end at $3.05 a gallon. Heating oil lost 2 cents to finish at $3.05 a gallon. Natural gas fell 4.5 cents to end at $3.70 per 1,000 cubic feet.
Pablo Gorondi in Budapest contributed to this report.
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