Debt fears drag Dow below 10,000
February 8th, 2010 admin
The Dow industrials finished below the 10,000 level Monday for the first time in three months, dragged lower by financial stocks, as investors remained concerned about Europe’s debt woes and the U.S. economic recovery.
Related Posts
Stocks cut losses but finished in the red Friday, ending a dismal month that saw the Dow Jones industrials suffer their worst May in 70 years, after a downgrade of Spain’s debt reminded investors that Europe’s economic woes continue.
Read More →
U.S. stocks closed sharply lower Thursday, pushing major indexes into correction territory. Investors sold stocks to avoid risk as debt worries …
Read More →
Stocks ended a choppy session modestly lower Monday as investors welcomed a slight increase in personal spending but remained on guard ahead of key economic reports due later this week.
Read More →
Stocks plunged Thursday and the Dow Jones industrials skidded almost 1,000 points before recovering to a 300-point loss as traders …
Read More →
Stocks managed gains Monday, with the Dow industrials closing above 11,000 for the first time in 18 months, after European leaders made loans available to Greece, tempering fears that the nation might have to default on its debt.
Read More →
Stocks struggled to move higher Monday morning, with the Dow industrials topping 11,000, as investors welcomed European leaders’ efforts to help ease Greece’s debt problems.
Read More →
Financial problems at the state level are unlikely to send the U.S. economy back into recession, a report from the Federal Reserve Bank of San Francisco said Monday.
Read More →
As Greece’s budgetary woes are played out on the front pages on a day-to-day basis, other highly indebted European countries face a continuing challenge: how to prove to investors that they are different. With a budget deficit that hit 9.3% of gross domestic product in 2009, Portugal knows that only too well. But the head of its debt agency...
Stocks finished lower after a late-session retreat, as investors piled out of a downbeat quarter that ended with Wednesday’s session.
Read More →
Stocks tumbled Thursday, with the Dow and S&P 500 near 3-month lows, amid fears of sovereign debt woes in Europe and a rise in weekly jobless claims ahead of Friday’s big monthly employment report.
Read More →
Related Tweets from Twitter
Related News from Digg
Leave a comment
| Trackback







