Lower close over slowing Chinese economy

The markets closed lower with the Dow tumbling 95 points to 17,729 over concerns that the Chinese economy was slowing and fears that Greece may exit the eurozone. Nasdaq lost 18 points to 4,726.

On the upside

Quantum Fuel Systems Technologies Worldwide (Nasdaq: QTWW) expects strong sequential fourth quarter revenue growth.

As crude oil prices continued to rebound, shares of Civeo (NYSE: CVEO) rose.

Chinese real estate developer Tong Jinquan increased his stake in SeaDrill (NYSE: SDRL) to approximately 5.2%.

On the downside

Prescient Point Research issued a report alleging that Amira Nature Foods (NYSE: ANFI) has committed fraud.

Reuters reported that SandRidge Energy (NYSE: SD) will cut its rig count in the Mississippi Lime formation by nearly 75%.

Shares of Comstock Resources (NYSE: CRK) fell ahead of its earnings release after market close.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 8 points to 2046. Bitcoin slipped $2 to $220.