A Chinese investor monitors displays of stock information at a brokerage house in Beijing, Tuesday, July 28, 2015. Shanghai stocks were volatile Tuesday after falling the most in eight years the day before while other Asian markets also flitted between gains and losses. (AP Photo/Mark Schiefelbein) NEW YORK - U.S. markets plunged at the open Monday following a big drop in Chinese stocks.
The Dow Jones industrial average fell more than 1,000 points in early trading.
The Dow was 783 points, or 4.8 percent, lower as of 9:40 a.m. Eastern time. The Standard & Poor's 500 index dropped 87 points, or 4.5 percent, to 1,882. The Nasdaq composite fell 247 points, or 5.1 percent, to 4,465 points.