the republic logo

US stocks finish modestly lower following big sell-off in China

bug
Share/Save/Bookmark

NEW YORK — U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment.

The Dow Jones industrial average fell 36 points, or 0.2 percent, to close at 18,126 Thursday.

PHOTO: FILE - This Monday, July 15, 2013 file photo shows the American flag and Wall Street street sign outside the New York Stock Exchange, in New York. Stocks are moderately lower in early trading Thursday, May 28, 2015, a day after the Nasdaq composite closed at a record high. (AP Photo/Mark Lennihan, File)
FILE - This Monday, July 15, 2013 file photo shows the American flag and Wall Street street sign outside the New York Stock Exchange, in New York. Stocks are moderately lower in early trading Thursday, May 28, 2015, a day after the Nasdaq composite closed at a record high. (AP Photo/Mark Lennihan, File)

The Standard & Poor's 500 index edged down two points, or 0.1 percent, to 2,120. The Nasdaq composite slipped eight points, or 0.2 percent, to 5,097.

The price of crude oil rose 17 cents to $57.68 a barrel in New York after the government reported bigger-than-expected declines in U.S. oil and gasoline supplies

Chinese shares plunged Thursday following big gains over the past three months. The Shanghai Composite dropped more than 6 percent. It's still more than double what it was a year ago.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.