Greenspan's Comments Send Markets To Lower Close

The markets reversed directions to close modestly lower after former Federal Reserve Chairman Alan Greenspan warned that China's stock market may suffer a sharp decline. The Dow lost 14 points to 13,526 while Nasdaq dropped 11 points to 2577. S&P 500 slipped 2 points to 1522. The 30-year bond eased as the yield rose to 5.014%.