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
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.