Economy, Dow | featured news

Dow plummets nearly 220 points after trade deficit unexpectedly widens and reports from Asia, Europe spurs concerns recovery is veering off track.

Stocks are plunging as investors give in to fears that Greece's debt problems will spread and halt the global economic recovery.

The Dow traded over 11,000 for the first time since 2008. But some believe the market has come too far too fast.

Reaction to last week's employment report translates into stock market gains as service sector, real estate also report upbeat news.

Dow futures were up 30 points. The S&P Case-Shiller home-prices indexes showed U.S. home prices decreased at a slower annual rate in October, but prices were flat compared to September.

Dow, Nasdaq and S&P squeak out gains to end the week on a high note.

Falling 89 points isn't a dramatic one-day drop, but last time index closed lower was March '03.