The blue-chip index falls 323 points, slipping below 10,000. The economy adds fewer jobs than expected. Worries about Europe's debt crisis return. The euro drops below $1.20.
Posted by Elizabeth Strott and Charley Blaine on Friday, June 4, 2010 9:01 AM
Updated at 4:44 p.m. ET
A weaker-than-expected jobs report today and renewed concerns about financial stability in Europe set off a major sell-off, with stocks ending at their worst levels since February.
The Dow Jones industrials ($INDU) were down 323 points, or 3.2%, to 9,932. The Nasdaq Composite Index ($COMPX) shed 84 points, or 3.6%, to 2,219. The Standard & Poor's 500 Index ($INX) was down 38 points, or 3.4%, to 1,065.
The selling was broad, and it accelerated into the close as many investors didn't want to hold positions over the weekend.
Read the entire report
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