The Dow plunges more than 300 points. Greece's parliament votes for the EU-IMF bailout despite intense protests. Moody's warns that the economic crisis could weigh on European banks. Europe's central bank keeps rates on hold.
Posted by Elizabeth Strott and Charley Blaine on Thursday, May 6, 2010 9:14 AM
An enormous panic hit the U.S. stock market today, sending theDow Jones Industrial Average ($INDU) briefly below 10,000 for the first time since November 2009 before the market turned again.
The Dow was down nearly 1,000 points at 9,869.62 at about 2:40 p.m. when it suddenly rebounded. At 2:50 p.m. ET, the Dow was down 484 points, or 4.5% to 10,384.
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