US STOCKS-Wall St ends near flat after late-day rally

miércoles 12 de agosto de 2015 17:15 GYT

* Energy shares rally after sharp selloff; Apple also rebounds

* Financials weigh as China news clouds U.S. rate hike timing

* Alibaba falls to record low as revenue growth slows

* Indexes: Dow flat, S&P up 0.1 pct, Nasdaq up 0.2 pct (New throughout, updates prices and market activity to add Cisco up after the bell)

By Caroline Valetkevitch

Aug 12 (Reuters) - U.S. stocks rebounded in afternoon trading on Wednesday to end little changed as energy shares and Apple bounced back, offseting continued concerns about a slowdown in China.

The S&P energy index climbed 1.9 percent, the S&P 500's biggest positive, as investors grabbed energy companies shares, encouraged by a bounce up in oil prices from six-year lows hit the previous session. Energy companies have reeled in recent weeks on concerns about China, a top consumer of energy and commodities.

Apple, for which China is a key market, also reversed course after falling more than 3 percent earlier to its lowest since January. It ended up 1.5 percent at $115.24 and was the biggest positive factor for all three major indexes.

Stocks had tumbled early in the session after China's currency hit a four-year low, its second session of decline.   Continuación...