Slump in China and Stocks on Stock

NEW YORK (Reuters) – China's financial crisis weakened on Friday.

U.S. stocks were broadly lower, with energy shares .SPNY falling more than 1.0 percent as benchmark Brent crude oil saw a six-month low and U.S. crude fell below $ 60 for the first time since March.

Data from China added to the downward pressure, showing factory-gate inflation slowed down for the fourth quarter of the year.

Bad debts at Chinese brokers and banks are also concerned.

In the U.S., it is expected that the United States is expected to fall back on inflation in the United States, while the United States is not facing a resurgence in inflation.

European shares are sold out, but they manage to end up with a small gain.

"Oil is spooking the market. "These are prices that are going to be lower than the global economy is going to slow its growth," said Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance in Charlotte, North Carolina. "It looks like a slow (stocks) sell off. All day long its been drifting lower. "

The Dow Jones Industrial Average .DJI fell 201.92 points, 0.77 percent gold, 25.989.3, the S & P 500 .SPX lost 25.82 points, 0.92 percent gold, 2.781.01 and the Nasdaq Composite .IXIC dropped 123.98 points, or 1.65 percent, to 7,406.90.

Equities snapped a streak of seven straight days of gains on Thursday after the U.S. Federal Reserve held interest rates steady next month.

The Federal Reserve has been called "Red October", may have encouraged the U.S. central bank to take a closer look at monetary policy.

The pan-European STOXX 600 index lost 0.37 percent and MSCI's gauge of stocks across the globe .MIWD00000PUS shed 1.08 percent.

The U.s. dollar, which had weakened sharply after Tuesday's U.S. mid-term elections, was up for a second straight day and on track for a fourth straight week of gains.

Further dollar gains can be made for the most important markets in the world. A strong dollar could also hurt earnings of multinational U.S. corporations.

The dollar index .DXY rose 0.19 percent, with the euro EUR = down 0.26 percent to $ 1.1333.

The equity Benchmark 10-year notes US10YT = RR last rose 12/32 in price to yield 3.1875 percent, from 3.232 percent late on Thursday.

Oil prices fell to multi-month lows as global supply increased and investors worried about the possibility of slowing fuel demand, putting U.S. crude on track for the longest stretch of daily declines since 1984.

U.S. West Texas Intermediate Crude CLc1 low down 0.79 percent at $ 60.19 per barrel and Brent LCOc1 settled at $ 70.18, down 0.67 percent on the day.