Urgent: U.S. stocks decline after China cuts bank reserve ratio
Xinhua, March 1, 2016 Adjust font size:
U.S. stocks ended lower Monday after volatile trading, as China's central bank announced a cut in its reserve requirement ratio for commercial banks by 0.5 percentage points.
The Dow fell 0.74 percent, and the S&P 500 lost 0.81 percent, while the Nasdaq was down 0.71 percent. Endit