US STOCKS-Wall Street shaken by China turmoil, oil slide

jueves 7 de enero de 2016 09:54 GYT

* Oil prices slide to near 12-year lows

* China stocks slump; trigger 2nd trading halt this week

* Apple falls; trading below $100 premarket

* Futures down: Dow 380 pts, S&P 45 pts, Nasdaq 130 pts (Adds details, comment, updates prices)

By Tanya Agrawal

Jan 7 (Reuters) - Wall Street was set to open sharply lower for a second straight day on Thursday after China allowed the yuan to fall further and oil prices slid to near 12-year lows, raising concerns over the state of the global economy.

China allowed the biggest fall in the yuan in five months, and Shanghai stocks were halted for the second time this week after another brutal selloff.

With Beijing accelerating the yuan's depreciation to make its exports more competitive, investors fear China's economy is even weaker than had been imagined.

Adding to the gloom, oil slid below $33 a barrel to near 12-year lows due to worries over weaker demand from China and an over-supplied market.   Continuación...