US stock indices close lower

New York, July 17 (QNA) - The main indices on the US Wall Street stock exchange closed lower today.

The S&P 500 index fell by 75.99 points, or 1.01 percent, to close at 7457.78 points.

The Nasdaq Composite index dropped by 370.83 points, or 1.40 percent, to 25511.12 points.

The Dow Jones Industrial Average fell by 394.01 points, or 0.75 percent, to 52158.96 points.