US STOCKS-Wall St falls hard as weak China data stokes fears

martes 1 de septiembre de 2015 14:32 GYT

* China's manufacturing sector shrinks; US factory data weak

* Global growth likely weaker than expected-IMF's Lagarde

* Oil prices resume declines; Exxon down 3.6 pct

* Netflix down on report of Apple mulling original shows

* Indexes down: Dow 2.4 pct, S&P 2.4 pct, Nasdaq 2.2 pct (Updates to afternoon, adds comment)

By Noel Randewich

Sept 1 (Reuters) - Wall Street slumped more than 2 percent on Tuesday, pushing all three major U.S. indexes into losses for the year after weak data from China added to fears that a slowdown in the world's second-largest economy will constrain global growth.

The sell off was broad. All 10 major S&P sectors were more than 1.5 percent lower while all 30 Dow components were down at least 1.2 percent.

"It's general risk aversion manifesting itself after a really bad August," said Mohannad Aama, managing director, Beam Capital Management LLC in New York. "The continued uncertainty about China is definitely adding to worries."   Continuación...