Financial concerns about Greece causes Dow to plunge - WSFA.com Montgomery Alabama news.

Financial concerns about Greece causes Dow to plunge

tocks extend plunge on concerns about Greece

NEW YORK (AP) - The stock market has had one of its most turbulent days ever. The Dow Jones industrials plunged nearly 1,000 points in half an hour amid concerns that Greece's debt problems could halt the world financial recovery.

The Dow has managed to recover two-thirds of its losses and close down 347 at 10,520. But all the major indexes lost 3 percent in a day that recalled the market turmoil of the 2008 financial crisis.

There were reports that a technical glitch hastened the selling. Even so emotions are running high. Traders are concerned that Greece's economic problems will hurt other European countries and ultimately, the U.S. recovery.

The Standard & Poor's 500 index is off 37 at 1,128. The Nasdaq composite index is off 82 at 2,319.

Only 173 stocks rose on the New York Stock Exchange while 3,002 fell. Volume came to an extremely heavy 2.57 billion shares.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

  • Trending StoriesTrending StoriesMore>>

  • Accused serial rapist and killer undetected working as cop

    Accused serial rapist and killer undetected working as cop

    Thursday, April 26 2018 2:39 AM EDT2018-04-26 06:39:08 GMT
    Thursday, April 26 2018 5:30 AM EDT2018-04-26 09:30:29 GMT
    (AP Photo/Rich Pedroncelli). Sacramento County Sheriff Scott Jones, left, talks to reporters about the arrest Joesph James DeAngelo, seen in photo, on suspicion of committing a string of violent crimes in the 1970's and 1980's after a news conference. ...(AP Photo/Rich Pedroncelli). Sacramento County Sheriff Scott Jones, left, talks to reporters about the arrest Joesph James DeAngelo, seen in photo, on suspicion of committing a string of violent crimes in the 1970's and 1980's after a news conference. ...

    The suspected Golden State Killer became less prolific but deadlier after losing his job as a police officer.

    More >>

    The suspected Golden State Killer became less prolific but deadlier after losing his job as a police officer.

    More >>
  • Netflix: What's coming and going in May

    Netflix: What's coming and going in May

    Wednesday, April 25 2018 2:59 PM EDT2018-04-25 18:59:20 GMT
    Wednesday, April 25 2018 6:33 PM EDT2018-04-25 22:33:26 GMT

    Among the items leaving for the month are hit movies like "Disney's The Jungle Book," "Bridget Jones's Diary" and "Talladega Nights: The Legend of Ricky Bobby."

    More >>

    Among the items leaving for the month are hit movies like "Disney's The Jungle Book," "Bridget Jones's Diary" and "Talladega Nights: The Legend of Ricky Bobby."

    More >>
  • Caught on video: Pit bull attacks woman on Subway

    Caught on video: Pit bull attacks woman on Subway

    Wednesday, April 25 2018 11:18 PM EDT2018-04-26 03:18:25 GMT
    Wednesday, April 25 2018 11:20 PM EDT2018-04-26 03:20:24 GMT

    Authorities in New York City are searching for the owner of a dog after a woman was attacked by the animal on the subway. The incident was caught on camera.

    More >>

    Authorities in New York City are searching for the owner of a dog after a woman was attacked by the animal on the subway. The incident was caught on camera.

    More >>
  • NewsMore>>

  • Senate committee poised for vote on bill to protect Mueller

    Senate committee poised for vote on bill to protect Mueller

    Thursday, April 26 2018 12:28 AM EDT2018-04-26 04:28:40 GMT
    Thursday, April 26 2018 5:30 AM EDT2018-04-26 09:30:38 GMT
    (AP Photo/Andrew Harnik, File). FILE - In this June 21, 2017, file photo, former FBI Director Robert Mueller, the special counsel probing Russian interference in the 2016 election, departs Capitol Hill following a closed door meeting in Washington. Rep...(AP Photo/Andrew Harnik, File). FILE - In this June 21, 2017, file photo, former FBI Director Robert Mueller, the special counsel probing Russian interference in the 2016 election, departs Capitol Hill following a closed door meeting in Washington. Rep...

    Senate panel expected to vote on legislation to protect special counsel Robert Mueller's job, a bill that has split Republicans.

    More >>

    Senate panel expected to vote on legislation to protect special counsel Robert Mueller's job, a bill that has split Republicans.

    More >>
  • Accused serial rapist and killer undetected working as cop

    Accused serial rapist and killer undetected working as cop

    Thursday, April 26 2018 2:39 AM EDT2018-04-26 06:39:08 GMT
    Thursday, April 26 2018 5:30 AM EDT2018-04-26 09:30:29 GMT
    (AP Photo/Rich Pedroncelli). Sacramento County Sheriff Scott Jones, left, talks to reporters about the arrest Joesph James DeAngelo, seen in photo, on suspicion of committing a string of violent crimes in the 1970's and 1980's after a news conference. ...(AP Photo/Rich Pedroncelli). Sacramento County Sheriff Scott Jones, left, talks to reporters about the arrest Joesph James DeAngelo, seen in photo, on suspicion of committing a string of violent crimes in the 1970's and 1980's after a news conference. ...

    The suspected Golden State Killer became less prolific but deadlier after losing his job as a police officer.

    More >>

    The suspected Golden State Killer became less prolific but deadlier after losing his job as a police officer.

    More >>
  • EPA chief faces Capitol Hill grilling over ethical missteps

    EPA chief faces Capitol Hill grilling over ethical missteps

    Thursday, April 26 2018 12:53 AM EDT2018-04-26 04:53:54 GMT
    Thursday, April 26 2018 5:29 AM EDT2018-04-26 09:29:59 GMT
    (AP Photo/Alex Brandon). Protesters listen to speakers talk about EPA Administrator Scott Pruitt and the state of the EPA during a protest by the American Federation of Government Employees union, Wednesday, April 25, 2018, in Washington.(AP Photo/Alex Brandon). Protesters listen to speakers talk about EPA Administrator Scott Pruitt and the state of the EPA during a protest by the American Federation of Government Employees union, Wednesday, April 25, 2018, in Washington.

    Environmental Protection Agency chief Scott Pruitt faces potentially make-or-break hearings on Capitol Hill, where he is expected to face questions about spending and ethics scandals that have triggered bipartisan...

    More >>

    Environmental Protection Agency chief Scott Pruitt faces potentially make-or-break hearings on Capitol Hill, where he is expected to face questions about spending and ethics scandals that have triggered bipartisan calls for his ouster.

    More >>
Powered by Frankly