US STOCKS-Wall St sinks as tumbling China stocks stoke growth fears

lunes 27 de julio de 2015 15:46 GYT
 

* Chinese shares drop the most in eight years

* Oil prices, commodities lower following China equity selloff

* Dow hits lowest level in five months

* Teva, Allergan jump after $40.5 bln deal

* Indexes down: Dow 0.86 pct, S&P 0.69 pct, Nasdaq 1.0 pct (Updates to late afternoon trade, adds comment)

By Noel Randewich

July 27 (Reuters) - Wall Street sank on Monday, with the Nasdaq down 1 percent, after the steepest decline in Chinese stocks in eight years increased concerns that cooling growth in the world's No. 2 economy could hurt its key trading partners.

The Dow Jones industrial average fell to its lowest since February, while the Nasdaq composite touched a four-week low and the benchmark S&P 500 hit its lowest in over two weeks.

The NYSE showed 471 stocks at 52-week lows, the most in one day since Oct. 15.   Continuación...