US STOCKS-Wall St drops to 3-month low; China, energy weigh

miércoles 6 de enero de 2016 17:45 GYT

* Private employers add more jobs than expected in Dec - ADP

* Apple briefly dips below $100

* Indexes down: Dow 1.5 pct, S&P 1.3 pct, Nasdaq 1.1 pct (Updates to close)

By Caroline Valetkevitch

Jan 6 (Reuters) - U.S. stocks closed at their lowest level since early October on Wednesday, weighed down by fresh concerns over China and slower global growth and as energy shares tumbled with oil prices.

Shares of oil majors Exxon and Chevron fell and the energy index dropped 3.6 percent as oil prices plunged below $35 a barrel.

Shares of Apple briefly dipped below $100 for the first time since Aug. 24 and the stock was the biggest drag on both the S&P 500 and Nasdaq. The stock ended down 2 percent at $100.70.

The losses add to the sour tone for the start of the year. Weak data from China triggered declines in global markets on Monday, with the Dow recording its worst first day of the year since 2008.

The People's Bank of China on Wednesday stepped in again to weaken the yuan, raising fears that the country's economy was even weaker than had been expected.   Continuación...