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US stocks open lower as China fails to halt market slide

first_imgA man walks past a screen showing the Hong Kong share index at a brokerage firm in Hong Kong, Wednesday, July 8, 2015. The Hang Seng Index has dropped in morning trading following more big losses on mainland markets. Chinese stocks led a slump in Asian markets on Wednesday as the sell-off in Shanghai intensified and Greece’s future in the euro remained highly uncertain. (AP Photo/Kin Cheung) Sponsored Stories NEW YORK (AP) — U.S. stocks are opening lower as investors worry about China’s ability to stem a stock market slide there.The Dow Jones industrial average declined 132 points, or 0.7 percent, to 17,649 as of 9:35 a.m. Eastern time.The Standard & Poor’s 500 gave up 13 points, or 0.6 percent, to 2,068. The Nasdaq fell 32 points, or 0.7 percent, to 4,965.Stocks fell 6 percent in Shanghai despite the Chinese government’s latest efforts to shore up the market. Chinese stocks have plunged in the last month but are still up 70 percent over the past year. Here’s how to repair and patch damaged drywall Parents, stop beating yourself up Check your body, save your life European markets were broadly higher as talks continue on Greece’s debt woes.United Continental lost 1.5 percent after grounding all of its flights in the U.S. due to computer problems.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Ex-FBI agent details raid on Phoenix body donation facility Comments   Share   New Valley school lets students pick career-path academies Mesa family survives lightning strike to home Top Stories How Arizona is preparing the leader of the next generationlast_img read more

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