Friday, January 15, 2016

Dow plunges over 300 points in early trading





U.S. stocks are opening sharply lower, led by steep declines in energy companies as the price oil takes another tumble. The Dow Jones industrial average plunged 350 points, or 2 percent, to 16,028 as of 9:35 a.m. Eastern time. The Standard & Poor's 500 index fell 42 points, or 2.2 percent, to 1,879. The Nasdaq fell 117 points, or 2.5 percent, to 4,499.