Dow plunges 389 points on European debt fears
MoneyWatch The Dow Jones manufacturing regular dropped sharply Wednesday following Italys borrowing expenditure afflict recording highs and a deal to form a modern government clothed in Greece collapsed. The blue-chip Dow shed 389 points, before 3.2 percent, to close next to 11,781. The broader S&P 500 fell 47 points, before 3.7 percent, to conclude on 1229. All but 2 of 500 stocks were minor on the daytime.