Published July 27, 2015 9:38am EDT | Updated August 5, 2015 7:58pm EDT

U.S. Stocks Open Sharply Lower; Dow Drops Triple Digits

U.S. stocks opened lower after global equities sold off following an 8.5% drop in China's stock market. Investors fretted that plunging stock prices in China would have a spill-over effect on global risk assests. The S&P 500 opened 14 points, or 0.7%, lower at 2065. The Nasdaq Composite was down 51 points, or 1%, to 5,036. The Dow Jones Industrial Average began the day down 146 points, or 0.8%, to 17,420.