Dow closes under 10,000 for first time in 3 months

Posted Feb. 8, 2010 at 3:10 p.m.

Associated Press | Concern about mounting debt in Europe has pushed the Dow Jones industrials below 10,000.

The Dow closed below the psychological barrier for the first time in
three months Monday as financial stocks pulled the market lower.


Mounting debt problems in several weaker European economies including Greece, Portugal and Spain have raised new questions about the health of the global financial system.

According to preliminary calculations, the Dow has ended down 104 at 9,908. The Standard & Poor’s 500 is down 9 at 1,057. And the Nasdaq composite index is off 15 at 2,126.

Two stocks fell for every one that rose on the New York Stock Exchange. Volume came to 1.1 billion shares compared with 1.6 billion shares Friday.

 

One comment:

  1. Melvin Trumbley Feb. 24, 2010 at 9:51 a.m.

    Moved to NatWest when undertaking a huge expansion of our small company 6 years ago (from Barclays as they were not helpful with our plans). I don’t know why I’ve stuck with them for 6 years, the personal business manager is useless, their customer relations are non existant, their attention to our needs is zero, no calls back, no help whatsover. Don’t waste your time with NatWest. They are hopeless and I’m now going to look elsewhere.