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Greek Debt Crisis Brings On Largest Dow Jones Crash4 {/ a* R/ `% C0 O; [
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The Dow Jones Industrial Average dropped by hundreds of points this afternoon, in response to violent riots in Athens over Greece's debt crisis.- {5 ]& n, C2 O2 T J
1 P2 N' B$ X `' k2 ~/ JBy 2:45 p.m., the Dow had dropped by more than 990 points, before bouncing back to at least a 400-point dip only minutes later.
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According to the Associated Press, 30,000 protestors were in the streets of Athens, and police threw tear gas near crowds gathered in front of the Greek parliament. The AP has not yet reported arrests or injuries.
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0 U! n) T7 x! dGreek lawmakers approved drastic cuts today, which were needed to secure international rescue loans worth 110 billion euros, which would come from the International Monetary Fund and 15 other European governments.9 c& g/ R0 U5 z& G1 c% E1 J5 ]
" |: C+ j }9 k" _8 ? E2 cPreviously, the Dow Jones's largest drop was 777 points in September 2008. |
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发表于 2010-5-6 12:31
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