Friday, May 7, 2010

Breaking News! Stocks recover after 900-point loss

USA Today
May 6, 2010

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, then recovered two-thirds of its losses to close down 347 at 10,520. But all the major indexes lost 3% in a day that recalled the market turmoil of the 2008 financial crisis. There were reports that a technical glitch hastened the selling.

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