US STOCKS-Wall St drops as China stock slump stokes growth fears

lunes 27 de julio de 2015 17:10 GYT

* Chinese shares drop the most in eight years

* Oil prices, commodities fall after China equity selloff

* Dow hits lowest level since February

* Teva and Allergan jump after $40.5 bln deal

* Indexes end down: Dow 0.73 pct, S&P 0.58 pct, Nasdaq 0.96 pct (Adds detail on volume, S&P performance)

By Noel Randewich

July 27 (Reuters) - Wall Street sank on Monday, with the Nasdaq losing almost 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 China's trading partners.

The Dow Jones industrial average finished at its lowest level since February, and the S&P 500 chalked up a five-session losing streak for the first time since January.

In addition, 480 stocks hit 52-week lows on the New York Stock Exchange, the most in one day since Oct. 15.   Continuación...