News - National
Dow below 10,000 as stocks slide continues
Posted: May 21, 2010 8:09 AM by Bea Karnes, News First 5
Updated: May 21, 2010 8:09 AM
The Dow Jones industrial average opened below 10,000 points today in a fourth straight day of declines.
The drop Friday comes a day after major indexes posted their biggest declines in more than a year. That pushed the market to "correction" mode, or a sharp decline from a recent peak. Investors again looked to Europe for direction.
The German parliament approved the country's share of a $1 trillion plan to help contain debt problems in Europe, but major European stock indexes still fell more than 1 percent.
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