US STOCKS-Wall St slumps as weak China data stokes growth fears

martes 1 de septiembre de 2015 11:30 GYT
 

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

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

* Oil prices resume declines; Chevron, Exxon down 4 pct

* Netflix down on report of Apple mulling original shows

* Indexes down: Dow 2.16 pct, S&P 2.11 pct, Nasdaq 1.69 pct (Adds details, adds comment, updates prices)

By Tanya Agrawal

Sept 1 (Reuters) - Wall Street slumped on Tuesday, pushing all three major indexes into negative territory for the year, after weak factory data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth.

Energy stocks led the fall, with the S&P energy index declining 3.6 percent. The weak China data pushed down oil prices more than 4 percent, snapping three days of gains. Chevron and Exxon were down about 4 percent.

At 11:04 a.m. ET (1504 GMT) the Dow Jones industrial average was down 357.81 points, or 2.16 percent, at 16,170.22. All the 30 Dow components were in the red.   Continuación...