US STOCKS-Wall St declines on China fears, weak profit expectations

martes 13 de octubre de 2015 15:35 GYT

* Chinese imports fall 20 pct in September

* Biotechs falls

* Indexes down: Dow 0.2 pct, S&P 0.6 pct, Nasdaq 0.7 pct (Updates to late afternoon)

By Caroline Valetkevitch

Oct 13 (Reuters) - U.S. stocks edged lower in late afternoon trading on Tuesday on renewed fears of slowing growth in China and more worries about upcoming earnings reports.

The Dow was on track to snap a seven-day streak of gains.

Biotechs were among the biggest drags, with the Nasdaq Biotech Index down 2.6 percent, extending recent losses, and S&P health care down 1 percent.

Data showed Chinese imports fell 20 percent in September due to weak domestic demand, indicating that growth in the world's second-largest economy was sputtering.

U.S. stocks mostly have risen since a steep selloff in late-August, triggered by the devaluation of the yuan.   Continuación...