Stocks, Greek Debt Crisis | featured news

Wall Street surges on European rescue plan

European leaders agree to a nearly $1 trillion rescue plan to avoid a major debt crisis; Federal Reserve says it will also provide loans overseas.

 

Dow plunges 800-plus points, then pulls back

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

 

Euro Slides Again; Wall Street Tumbles

Euro Slides Again; Wall Street Tumbles

European debt problems sent another wave of pessimism through the markets.

 

Debt Ratings Are Lowered for Portugal and Greece

Debt Ratings Are Lowered for Portugal and Greece

The move by Standard & Poor’s on Tuesday deepened Europe’s debt crisis, and investors sold off government bonds amid fears of a default.

 

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