Traders Eric Schumacher, left, and Daniel Kryger work on the floor of the New York Stock Exchange, Tuesday, March 8, 2016. (AP Photo/Richard Drew)
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U.S. stocks retreated from nine-week highs after worsening economic data from Asia reignited concern over the outlook for global growth.Odds for a September move have risen to about 55 percent from less than 35 percent two weeks ago, though the probability slipped from 59 percent yesterday following the data from China and Japan.The S&P 500's 9.4 percent rally through Monday since a low last month pushed it to a nine-week high and trimmed its loss this year to just 2.1 percent. Energy producers in the benchmark slid 2.7 percent with crude after a 14 percent gain during the past three weeks.The measure of market turbulence known as the VIX had lost 40 percent during the S&P 500's three consecutive weeks of gains through Friday.
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