U.S. stocks fell slightly on Thursday. Despite the day's U.S. economic data, manufacturing data, but the pullback on the stock market in China produced a greater impact. Chinese stocks were mixed, CTS Media Focus Media because of the publication and sign the Share Purchase Agreement, the stock rose 20.67%.
The Dow Jones industrial average closed at 11,569.71 points, down 0.1%; Standard & Poor's 500 Index closed at 1257.88 points, down 0.2%; the Nasdaq composite index closed at 2662.98 points, down 0.2%.
Chinese stocks were mixed, the Chinese media as a result of Focus Media and equity purchase agreement signed, the stock surged 20.67%, and led with the outdoor media rose 12.40% Air Media. China Television Media and Focus Media today announced they have signed an equity purchase agreement. Under the agreement, Focus Media will be the subscription price of $ 3.979 per share, as the media of China about 1533 million newly issued common shares, the subscription price is about $ 61,000,000.