Part of the drop that took the DJIA down almost 1,00o points to under 10,000 is being blamed on software glitches at the exchange. Procter & Gamble (NYSE: PG) dropped 21% in a few minutes and then quickly recovered to even on the day. The DJIA ended down 320 to 10,500
Gold was up to a record $1,202. Crude was down almost 4% to $77.11. The 10-year bond traded at 3.39. It appears that worries that the liquidity crisis in Greece may spread to other weak Eurozone economies began the sell-off
Douglas A. McIntyre
Sponsor: 3 Recovery Stocks to Own Now – Get the names of the best cheap stocks to rebuild your wealth in 2010 and beyond.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.