US STOCKS-Wall St little changed on weak manufacturing data
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By Yashaswini Swamynathan
May 2 (Reuters) - Wall Street was little changed on Monday after data showed that U.S. manufacturing sector's PMI for April was at its lowest since 2009.
The ISM purchasing managers' index slipped to 50.8 percent in April from 51.5 percent in March.
Investors have been keeping a sharp eye on data after the U.S. Federal Reserve held monetary policy steady last week, and gave no signals that it was in a hurry to tighten further.
Economists polled by Reuters expect two increases this year but futures prices show traders do not expect rates to rise until late 2016, according to CME Group's FedWatch.
Wall Street closed lower on Friday, with U.S. stocks marking their largest weekly drop in more than two months as corporate earnings continued to disappoint. Continuación...