Stocks are opening sharply lower on Wall Street following the presidential election and dire warnings from Europe that a broad recession there is now all but certain.
Index futures had been higher early Wednesday but reversed course after the European Union slashed its growth forecast for next year, sending European stock markets sharply lower.
The Dow Jones industrial average fell 196 points to 13,046 points shortly after the opening bell.
The Standard & Poor's 500 index lost 17 points to 1,411 and the Nasdaq composite was off 37 points at 2,974.
European markets gave up early gains and turned sharply lower. Investors are also worried about what Washington will do about looming tax increases and government spending cuts.
Did Rubio deal a mortal blow to ObamaCare?
'POTUS is trolling #Thanksgiving': In weekly address, Obama likens Syrian refugees to Mayflower pilgrims
Narratives Over Facts
Are You An Armed Citizen Or Just A Gun Owner? - Bearing Arms - Video
Donald Trump Mocks A Disabled New York Times Reporter | RedState
Nicholas Vardy - How Inverting Corporate Tax Inversion Could Help the American Economy
Importing Terrorism and Other American Values | Human Events