Dow close below 10,000 pts on Euro-zone worries
Stocks continued their downward slide, with the Dow Jones falling below 10,000pts, as investors sold off financials on the back of Euro-zone woes. Banks shares fell across the board, with BoA down more than 3%, JPMorgan -1.6% and Citigroup -2.2% over concerns over their possible exposure to Europe’s sovereign debt issues.
DJIA -103.84pts (1.04%) at 9908.39
S&P -9.45pts (0.89%) at 1056.74
Nasdaq -15.07pts (0.70%) at 2126.05