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

miércoles 6 de enero de 2016 18:44 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 close with details on Apple, North Korea)

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.

Apple briefly dipped below $100 for the first time in nearly five months following reports of slowing shipments of the company's iPhone 6S and 6S Plus models. The stock, which ended down 2.0 percent at $100.70, was the biggest drag on both the S&P 500 and Nasdaq.

Against the trend, Netflix ended up 9.0 percent after announcing its video streaming service was now live in more than 130 countries.

Weak data from China triggered declines in global equities markets on Monday, with the Dow recording its worst first day of the year since 2008.   Continuación...