Stocks fell at the open on Wednesday as a drop in Chinese shares prompted renewed selling in global equity markets on fears stock prices have outpaced the economic recovery.

The Dow Jones industrial average <.DJI> was down 64.54 points, or 0.70 percent, at 9,153.40. The Standard & Poor's 500 Index <.SPX> was down 7.69 points, or 0.78 percent, at 981.98. The Nasdaq Composite Index <.IXIC> was down 18.28 points, or 0.93 percent, at 1,937.64.

(Reporting by Angela Moon; Editing by Padraic Cassidy)