U.S. Stocks On Track For 2nd Day Of Post-Brexit Rout

U.S. stocks opened sharply lower Monday, as investors continued to dump assets perceived as risky in the wake of U.K.'s vote to leave the European Union. The selloff follows Friday's carnage, when the market saw its sharpest selloff since last August after the U.K.'s decision to quit the E.U., known as Brexit. The S&P 500 opened 20 points, or 1%, at 2,016. The Dow Jones Industrial Average dropped 190 points, or 1.1%, to 17,209. Meanwhile, the Nasdaq Composite began the session down 50 points, or 1.1%, at 4,657.