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Thursday, May 06, 2010

Dow Crashing on Fears Greece Will Infect U.S.




 
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Dow Plunges on Fears Greece Will Infect U.S.
U.S. stocks started crashing Thursday on fears that Greece's debt woes would spread. the Dow Jones industrial average fell more than 850 points, or 8 percent, in afternoon trading.
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CHICAGOBUSINESS

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Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA COMMERCIAL PROPERTY SEARCH

TOP HEADLINES Thursday, May 6, 2010

· Video: Betting on custom golf clubs

· McCormick overhaul bill details trustee pay, work rules, naming rights: report

· Cubs get Landmarks' OK for Toyota sign

· Pat Ryan's new firm raids CRC Insurance staff

· United Airlines-Continental merger due 'more serious' review: lawmaker

· Illinois telecom reform bill headed to Gov. Quinn

· Car parts maker Omron steers 250 jobs to St. Charles

· General Growth asks Simon to increase bid

· McDonald's wants more franchise outlets in China

· Boeing logs 20 orders for 777 jets

· International hotels boost Hyatt's results

· 10 things to do this weekend 

CRAIN'S BLOGS

· GOP joins Dems to blow school voucher vote; Big names floated for transit gigs: Greg Hinz

· IIT offers iPad app class; Kauffman study shows economy 'transitional and uncertain'; Score video: SBA cheers on small-biz exporters: Enterprise City

· Ricketts writes open letter to Cubs fans about Toyota sign: Biz of Sports

· Manny Sanchez celebrates with Obama -- ask him about his bracelet; Mart exec moves to Ulta; Angels & Kings expands to L.A.: Taking Names  

Final Markets

Dow Jones

10,520.32

-347.80

-3.20%

NASDAQ

2,319.64

-82.65

-3.44%

Crain's Index

92.96

-2.80

-2.924%

» View Other Top Headlines

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OTHER HEADLINES

· Lakefront liquor license plan sails through City Council committee Chicago Sun-Times

· FCC proposes new rules on Internet access New York Times

· Retailers report more modest April sales Crain's New York Business

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TODAY'S FEATURES

Special Feature

Chicago Business Today — May 6

Technology venture capitalist Keith Bank and partners are betting on the latest craze in the golf business: custom clubs. They aim to turn a Chicago-area outfit into a nationwide chain of shops aimed at serious golfers looking for an edge.Read More


· Video: Women to Watch 2010

· Enterprise City — a small-business blog

· Society: Clearbrook

· Check, Please! visits Sushi Wabi

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Stocks plunge as Dow falls through 10,000




 

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CHICAGOBUSINESS

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Thursday May 6, 2010 13:44 PM

Stocks plunge as Dow falls through 10,000

(AP) — Stocks plunged in afternoon trading Thursday as investors succumbed to fears that Greece's debt problems would ...   Read More

» View Other Top Headlines
» Read This Week's Crain's

CRAIN'S DAILY FEATURE

Special Feature

Chicago Business Today — May 6

Technology venture capitalist Keith Bank and partners are betting on the latest craze in the golf business: custom clubs. They aim to turn a Chicago-area outfit into a nationwide chain of shops aimed at serious golfers looking for an edge.Read More


MORE FEATURES

• Video: Women to Watch 2010

• Enterprise City — a small-business blog

• Society: Clearbrook

• Check, Please! visits Sushi Wabi

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Top Stories

Thursday, May 6, 2010


Jury selection begins in Burge trial | VIDEO
Jury selection began Thursday in the federal trial of a former Chicago detective accused of lying during the investigation into the alleged torture of suspects.

Court halts release of jailed militia members
A federal appeals court on Thursday issued an emergency stay blocking, at least temporarily, the release of nine jailed Michigan militia members accused of conspiring to overthrow the U.S. government.

Commission mulls Wrigley Toyota sign
On Thursday, the city's Commission of Chicago Landmarks will consider a plan to build a Toyota sign at Wrigley Field.

3 allegedly try to steal cop's car
An off-duty Chicago police officer opened fire on three suspects he says tried to steal his car at gunpoint.

Officer hit by car during traffic stop
A Chicago police officer is hospitalized after he was hit by a car on the Far Northwest Side near Northwest Highway and Foster.

'Eisenhower' leaves animal hospital | VIDEO
The pit bull that dodged cars on the expressway last week is headed home with a foster family.

MORE STORIES

Strange News

Growling sea lion pup found under cop car

South Korean driver earns license on 960th try

Firefighters rescue bear stuck in tree | VIDEO

University offers stressed students 'pet therapy'

New film shows Indiana prison talent show

Consumer

Parents have questions about big drug recall | VIDEO

Feds investigate diaper rash complaints

Google explores online travel business

Delta offers breaks on baggage fees with credit card

GM recalls Hummers

Healthbeat

Face of motherhood in US is changing

Americans face hidden cancer risks each day

Parents have questions about big drug recall | VIDEO

Feds investigate diaper rash complaints

Gymnastics could help kids' health later in life

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