U.S. Stock Market Dives As Europe Offers Sell Signal -- Market Watch
Dow industrials recoup some after near 1,000-point plunge
NEW YORK (MarketWatch) -- U.S. stocks caved on Thursday, with the Dow industrials making a comeback of sorts from a drop of nearly 1,000 points, as Europe's financial troubles took hold on Wall Street.
At its height, the major stock indexes were all down 8%, with the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,555, -313.18, -2.88%) diving almost 1,000 points before halting its decline.
Yields on 10-year treasury notes dropped the most since September 2008 and the euro fell to a new 14-month low, below $1.26.
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MIDDLE EAST
U.S. envoy meets Netanyahu ahead of peace talks.
Iran holds war games in Gulf amid nuclear tension.
Iraq: Moving toward a new government, instability. After Iraq election, Shiite parties announce alliance to form next government.
Egypt wants talks over nuclear-free Mideast zone.
US leader Biden says Iran may spark nuclear arms race.
ASIA
North Korean leader can’t avoid scrutiny on a stealth trip to China. North Korea's Kim Jong-il visits China with hat in hand, and a threat.
Pakistani accused in Mumbai attacks gets death.
Clashes in Nepal as frustration grows at shutdown.
Divisions emerge over Thai PM's election road-map.
Afghan President to visit Washington amid efforts to reconcile with Taliban.
AFRICA
Bad sign for the World Cup.
Nigerian leader's funeral draws large crowds. New Nigerian President sworn in. Nigeria's real presidential race is now on.
Hijacked Russian tanker freed, crew safe, pirate dead.
Africa fills with pride, hope as World Cup looms.
EUROPE
Ukraine cool on Russian gas plan.
Spain successfully sells debt despite downgrade.
Greek Parliament passes austerity measures.
Tories scent victory as poll lead widens.
UK budget deficit 'to surpass Greece's as worst in EU'.
Irish, Scottish airports reopen as ash heads west.
AMERICAS
Air France crash 'black box site found in Atlantic'.
Oil reaches U.S. shore for first time. Boat with containment box at oil site.
Guatemalan immigrant arrested in Florida for 1982 Dos Erres massacre.
Obama signs law to give help to military family caregivers.
Falklands oil firm Rockhopper claims discovery.
TERRORISM/THE LONG WAR
The Times Square Bomber: What we thought we knew.
Mumbai terrorist attack gunman Kasab sentenced to death.
Times Square bomb suspect still cooperating - US.
Analysts: Times Square plot may signify terrorist tactical shift.
Faisal Shahzad ‘carried out dry run’ before Times Square attack.
A look inside confessed Times Square car bomber Faisal Shahzad's nondescript Bridgeport home.
Airlines are ordered to check no-fly lists much faster.
ECONOMY/FINANCE/BUSINESS
Dow plunges most since 1987 before paring losses; Euro tumbles.
Regulatory failures aided financial crisis, Paulson, Geithner to tell FCIC panel.
Greek unrest raises fears about impact on bailout.
Geithner: need tougher rules for "shadow banking".