Wall Street opens sharply lower as oil slumps | Reuters

U.S. stocks opened sharply lower on Wednesday, deepening the selloff since the start of the year, as crude oil prices tumbled close to 12 year lows.

The Dow Jones industrial average was down 179.9 points, or 1.12 percent, at 15,836.12.

The S&P 500 was down 17.97 points, or 0.96 percent, at 1,863.36.

The Nasdaq Composite index was down 73.26 points, or 1.64 percent, at 4,403.69.

(Reporting by Alan John Koshy in Bengaluru; Editing by Savio D'Souza)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: Jan 21, 2016 02:00 AM

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