US STOCKS-Wall St slightly pares losses after Chicago PMI

NEW YORK, July 30 Fri Jul 30, 2010 9:55am EDT

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NEW YORK, July 30 (Reuters) - U.S. stocks slightly pared losses after data on Friday showed business activity in the U.S. Midwest grew more than expected this month as businesses boosted employment and orders.

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The Dow Jones industrial average .DJI was down 68.42 points, or 0.65 percent, at 10,398.74. The Standard & Poor's 500 Index .SPX was down 8.38 points, or 0.76 percent, at 1,093.15. The Nasdaq Composite Index .IXIC was down 24.05 points, or 1.07 percent, at 2,227.64. (Reporting by Angela Moon; Editing by James Dalgleish)