Wall St. falls in broad decline

NEW YORK (Reuters) - U.S. stocks were down on Tuesday, with the S&P 500 on track for its third straight daily decline as investors digested signs of slowing global growth.

The day's losses were broad, with all ten primary S&P 500 sectors fell on the day, with consumer staples <.SPLRCS> the weakest on the day, off 0.9 percent.

Wall Street's losses tracked Europe, which was down after data showed a contraction in French business activity and slower growth in German manufacturing this month.

The European data "is a little concerning," said David Lebovitz, global market strategist for J.P. Morgan Funds in New York. "We didn't expect things to improve there forever and always, but we are seeing a bit of a slowdown, which is weighing a bit."

The Dow Jones industrial average <.DJI> was falling 104.74 points, or 0.61 percent, to 17,067.94, the S&P 500 <.SPX> was losing 9.82 points, or 0.49 percent, to 1,984.47 and the Nasdaq Composite <.IXIC> was dropping 16.57 points, or 0.37 percent, to 4,511.12.

The largest percentage gainer on the New York Stock Exchange was Millennial Media , rising 21.94 percent, while the largest percentage decliner was Cheetah Mobile , down 12.01 percent.

Declining issues were outnumbering advancing ones on the NYSE by 2,191 to 837, for a 2.62-to-1 ratio on the downside; on the Nasdaq, 1,859 issues were falling and 810 advancing for a 2.30-to-1 ratio favoring decliners.

The benchmark S&P 500 index was posting 3 new 52-week highs and 13 new lows; the Nasdaq Composite was recording 18 new highs and 126 new lows.

(Editing by Nick Zieminski)

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