Stocks Sink as Worries Over Europe's Debt Linger

By: Associated Press
By: Associated Press

New York, NY (AP) - Stocks are sinking at the end of a shortened
session on Wall Street amid uncertainty surrounding Europe's debt
troubles and North Korea's war threats.

European stock markets and the euro fell Friday as worries
mounted that Portugal will also need a bailout, even as the details
on Ireland's bailout were being worked out.

The Dow Jones industrial average fell 95, or 0.9 percent, to
11,092. The S&P 500 index was down 8, or 0.7 percent, to 1,190. The
Nasdaq composite index fell 9, or 0.3 percent, to 2,535.

The U.S. stock markets closed earlier than usual at 1 p.m. EST
Friday.

Falling shares outpaced rising ones by two to one on the New
York Stock Exchange. Volume was 422 million shares.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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