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US stocks fall as China weighs on markets

FILE - In this Feb. 10, 2011, file photo, American flags fly in front of the New York Stock Exchange, in New York. Stock markets fell Monday, Sept. 22, 2014, ahead of a preliminary manufacturing survey from China that might show renewed weakness in the world's second-largest economy. (AP Photo/Mark Lennihan, File)
FILE - In this Feb. 10, 2011, file photo, American flags fly in front of the New York Stock Exchange, in New York. Stock markets fell Monday, Sept. 22, 2014, ahead of a preliminary manufacturing survey from China that might show renewed weakness in the world's second-largest economy. (AP Photo/Mark Lennihan, File) FILE - In this Feb. 10, 2011, file photo, American flags fly in front of the New York Stock Exchange, in New York. Stock markets fell Monday, Sept. 22, 2014, ahead of a preliminary manufacturing survey from China that might show renewed weakness in the world's second-largest economy. (AP Photo/Mark Lennihan, File)

By Associated Press 1 min read

NEW YORK (AP) – U.S. stocks are falling as investors worry about new signs of weakness in China’s economy.

Worries about slowing growth in the world’s second-largest economy pushed the down the price of oil, weighing on energy stocks.

The Standard & Poor’s 500 dropped 16 points, or 0.8 percent, to 1,994 as of noon Eastern time Monday.

The Dow Jones industrial average fell 77 points, or 0.5 percent, to 17,202. The Nasdaq composite dropped 57 points, or 1.2 percent, to 4,526.

Energy stocks fell the most in the S&P 500 index as the price of oil declined.