"Am I therefore become your enemy,because I TELL YOU THE TRUTH...?"
(Galatians 4:16)

Friday, May 7, 2010

Stocks fall after wild day,Europe woes linger...

NEW YORK-Turbulence continued in the stock market Friday, a day after some of the most volatile trading in history.Traders looked past a surprisingly strong report on the U.S. jobs market and focused instead on Europe's spreading debt crisis and Thursday's plunge. The Dow Jones industrial average was down nearly 1,000 points Thursday afternoon-its largest one-day drop-before recovering most of its losses.The Dow was off about 140 points in late morning trading Friday, paring some of its earlier losses. But stock prices were fluctuating sharply. Traders remained on edge after questions remained about what caused Thursday's sudden drop, which sent the stocks of several companies briefly to zero....
READ MORE
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Many possible triggers for wider euro debt crisis
--SEC Probes Causes, Exploitation of Stock-Market Turmoil...
--Trading Glitch Suspected in Dow 'Mayhem'
--Did ‘Mad Money’ Host Jim Cramer Help to Save the Markets?

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