US stocks dive on Dubai financial problems
November 27, 2009 @ 3:16 pm
NEW YORK: US stocks dived Friday as investors confronted the fallout from Dubai’s debt problems that have rocked global markets.
The Dow Jones Industrial Average plunged 219.62 points (2.10 percent) to 10,244.78 in the first minute of trade.
The tech-heavy Nasdaq composite slid 60.42 points (2.78 percent) and the broad-market Standard & Poor’s 500 retreated 20.20 points [...]
