Dow, Dow Jones | featured news

Dow plummets nearly 220 points after trade deficit unexpectedly widens and reports from Asia, Europe spurs concerns recovery is veering off track.

U.S. markets experienced a steep selloff Friday as disappointing earnings reports from major corporate icons and depressing consumer sentiment report pushed the Dow down 250 points.

Stocks are plunging as investors give in to fears that Greece's debt problems will spread and halt the global economic recovery.

The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.

Alcoa, DuPont and financial stocks helped the stock market open weaker. CIT gained on its new CEO.