U.S. Stocks Plunge At Open After China's Rout

The Dow Jones Industrial Average fell more than 250 points at the open following a plunge in Chinese stocks triggered a global equity selloff. The main U.S. indexes finished December with steep losses and recorded their first annual decline in four years. The S&P 500 opened 30 points, or 1.5%, lower at 2,014. The Dow Jones Industrial Average plunged 266 points, or 1.5%, to 17,144. Meanwhile, the Nasdaq Composite began the day down 113 points, or 2.3%, at 4,894.