Dow Industrials Post First Close Below 10,000 Since Nov. 4


Stocks fell broadly on Wall Street on Monday on concerns
about government debt in Europe, and the Dow Jones industrial
average closed below the 10,000 mark for the first time since
Nov. 4.

The Dow industrials were down 103.69 points, or 1 percent, at
9,908.54 at the closing bell. The Standard & Poor’s 500-stock
index and the Nasdaq were also lower for the day.

Shares of financial firms posted the largest losses amid
worries that they could be hurt by huge deficits in countries
like Greece, Spain, and Portugal.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s