China's 'Circuit Breaker' Triggers Massive US Stock Drop
The Dow dropped about 440 points, the S&P 500 about 50 points and the Nasdaq roughly 150 points in early morning trading on Monday.By Matt Moreno | January 4, 2016
2016 is not off to a good start for U.S. stocks.
Early morning trading on the first Monday of the new year saw the Dow plummet about 440 points, the S&P 500 about 50 points and the Nasdaq roughly 150 points.
"That represents one of the worst starts to a year that we've seen in recent market history, and it is broad-based selling. No real sectors or industry groups or types of companies are immune to what's been happening right now," CNBC's Dominic Chu said.