Published February 8, 2016 9:32am EST | Updated February 8, 2016 10:03am EST

U.S. Stocks Open Sharply Lower; Dow Drops 185 Points

U.S. stocks opened sharply lower on Monday, led by losses in technology and consumer discretionary sectors. The Nasdaq Composite began the day with sharp losses, down 82 points, or 1.9%, at 4,530. Meanwhile, weaker oil prices put pressure on energy companies. The S&P 500 opened 22 points, or 1.2%, lower at 1,857. The Dow Jones Industrial Average was down 185 points, or 1.2%, at 16,014 at the open.