Stocks plunge around the world

Posted May 4, 2010 at 3:00 p.m.

Associated Press | Stocks plunged around the world Tuesday as fears spread that Europe’s
attempt to contain Greece’s
debt crisis would fail. The euro fell to its lowest point against the
dollar in a year.

The Dow Jones industrial average
lost 225 points, its biggest drop in three months. The slide erased a
143-point gain from Monday. The Dow and broader indexes each fell more
than 2 percent. Meanwhile, Treasury prices rose on increased demand for
safe investments.

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