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Global stocks sink after China index dives 7 percent

NEW YORK (AP) — U.S. stocks are opening 2016 on a grim note, dropping sharply after a plunge in China and declines in Europe.<p>The Dow Jones industrial average sank 347 points, or 2 percent, to 17,078 as of 9:35 a.m. Eastern time Monday.<p>The Standard & Poor's 500 index lost 37 points, or 1.8 percent, …

Stock Markets