US stocks open sharply lower, extending global rout
Dow Jones Industrial Average was down 3.1%, S&P 500 dropped 4%, Nasdaq slumps 5.5%
Last updated:
1 MIN READ
Wall Street stocks dived in opening trading Monday, extending a sell-off after last week's poor July US employment report raised recession worries.
About five minutes into trading, the Dow Jones Industrial Average was down 3.1 percent at 38,522.00.
The broad-based S&P 500 dropped 4.0 percent to 5,130.57, while the tech-rich Nasdaq Composite Index slumped 5.5 percent to 15,846.60.
Related Topics:
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox
Up Next
