* Positive German, Chinese data outweighed by Feduncertainty
* Fed's Dudley says Fed could begin tapering stimulus thisyear
* BlackBerry shares fall further after change in focus
* Indexes down: Dow 0.4 pct, S&P 0.5 pct, Nasdaq 0.5 pct
By Rodrigo Campos
NEW YORK, Sept 23 (Reuters) - U.S. stocks slipped on Mondayas upbeat economic data from Germany and China was countered bya Federal Reserve official's remarks that the Fed could begin toscale back its stimulus measures this year.
A flood of new orders gave a boost to European and Chinesefirms in September, according to a clutch of surveys which addedto evidence that the global economy is healing, while U.S.factory activity lost some momentum.
Referring to the timeline that Fed Chairman Ben Bernankearticulated in June, New York Fed President William Dudley saidthe framework is "still very much intact."
Investors were surprised last week when the Fed decided notto reduce the asset purchases from the current $85-billionmonthly pace after many expected a change in policy would comein September.
Other Fed officials were on the speakers' circuit Monday,and traders will be paying close attention after St. Louis Fedchief James Bullard said Friday the Fed could still decide tostart trimming its stimulus in October if inflation unemploymentdata warrant it.
"The Fed continues to be the area of focus of markets," saidEric Kuby, chief investment officer at North Star InvestmentManagement Corp in Chicago.
He said following last week's gains the market is in "aperiod of digestion; the economy is not that strong, so it'shard to be overly enthusiastic."
Kuby added that there is support for equities from theoverseas data, however, and "the improvement in Europe isn'tgetting as much attention as it should."
The S&P 500 and Dow industrials hit record highs last weekafter the Fed ignored investor expectations by postponing thestart of the wind down of its massive monetary stimulus, sayingit wanted to wait for more evidence of solid economic growth.
The Dow Jones industrial average fell 53.95 points or0.35 percent, to 15,397.14, the S&P 500 lost 8.7 pointsor 0.51 percent, to 1,701.21 and the Nasdaq Composite dropped 17.198 points or 0.46 percent, to 3,757.529.
The prospect of a government shutdown or even a default inthe following weeks could keep markets jittery even as WallStreet analysts sense the current drama is likely to featuremore bluster than bravado.
Apple shares gained 3.4 percent to $483.12 after previouslyrising more than 6 percent after it said it sold 9 millioniPhone 5s and iPhone 5c models over the weekend since theirlaunch on Friday.
Citigroup led the S&P financial sector lower a dayafter the Financial Times reported Citi had a significant dropin trading revenue during the third quarter which could hurt thebank's earnings. Citi shares fell 3 percent to $49.66.
U.S.-traded shares of BlackBerry fell 3 percent to$8.46 after the Canadian smartphone maker announced Friday achange in focus away from the consumer in favor of businessesand governments. The move has fueled fears about BlackBerry'slong-term viability.
The widely followed Dow Jones (DJI: ^DJI - news) industrial average opened Monday with three new components as Goldman Sachs (NYSE: GS-PB - news) ,Visa (NYSE: V - news) and Nike (NYSE: NKE - news) replace Bank of America (Other OTC: BACYL - news) ,Hewlett-Packard and Alcoa (NYSE: AA - news) .
Shares of Goldman, Visa and Nike fell Monday while Alcoa andHP edged higher and Bank of America fell with the financialsector.
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