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12.11.2015 06:46 Global Stocks: U.S. stock indices declined

U.S. stock indices declined on Wednesday amid speculation that China's government would add more stimulus. A selloff in energy stocks also weighed on the indices.

The Dow Jones Industrial Average fell 55.99 points, or 0.3%, to 17,702.22. The S&P 500 lost 6.72 points, or 0.3%, to 2,075.00. The Nasdaq Composite declined 16.22 points, or 0.3%, to 5,067.02.

Macy's Inc. shares lost about 14% after the company reported weaker-than-expected third quarter sales and cut its guidance.

This morning in Asia Hong Kong Hang Seng gained 0.96%, or 214.71, to 22,566.88. China Shanghai Composite Index fell 0.92%, or 33.66, to 3.616.59. The Nikkei 225 climbed 0.09%, or 18.08, to 19,709.47.

Asian indices posted mixed results. Chinese stocks fell amid declines in commodity prices, while Hong Kong stocks climbed on earnings reports.



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