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Monday, February 8, 2010

Debt fears drag Dow below 10,000

NEW YORK (CNNMoney.com) -- The Dow closed below 10,000 Monday for the first time in three months, with financial shares leading the way, as worries about the U.S. economy and European debt weighed on investor sentiment.

The Dow Jones industrial average (INDU) tumbled 104 points, or 1%, ending at 9,908.39. The last time the Dow finished below 10,000 was Nov. 4, when it closed at 9802.14.
The S&P 500 index (SPX) ended just below break-even. The Nasdaq composite (COMP) shed 15 points, or 0.7%. Neither closed at notable lows.
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