Dow Opens Below 11K

Drops 270 points following European turmoil
By Kate Seamons,  Newser Staff
Posted Sep 6, 2011 8:55 AM CDT
Dow Opens Below 11K
A trader works on the floor of the New York Stock Exchange at the end of the day on September 2, 2011 in New York City.   (Getty Images)

While Americans ate corn on the cob and readied themselves for the premiere of the Real Housewives of Beverly Hills yesterday, Europeans took a beating, with stocks plunging. Investors came face-to-face with that turmoil on their return from the holiday weekend, and the results weren't pretty: The Dow opened down 270 points, taking it below the 11,000 mark to 10,970, reports the Wall Street Journal. The S&P 500 and Nasdaq were down 2.6% and 2.3%, respectively. (More Wall Street stories.)

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