Dow plunges 389 points on European debt fears
7 percent, to draw to a close on 1229. All but 2 of 500 stocks were poorer on the time. The know-how listening carefully Nasdaq Composite dropped 106 points, before 3.9 percent, to settle on 2622.The yield on the standard Italian government bind spiked greater than 7 percent, evidence to facilitate investors are behind commitment participating in the countrys facility to repay its debt. Greece, Portugal and Ireland obligatory bailouts whilst their tie yields rose beyond the same correct.