Dow Off 133 on Rate Fears
Greece downgraded; jobless claims rise
By Nick McMaster,  Newser Staff
Posted Dec 17, 2009 3:14 PM CST
Trader James Valentino confers with a colleague on the floor of the New York Stock Exchange Thursday, Dec. 17, 2009.   (AP Photo/Richard Drew)
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(Newser) – Fear that the Fed might raise interest rates earlier than thought, a credit downgrade for Greece's debt, and a rise in weekly jobless claims sent the markets tumbling today, the Wall Street Journal reports.

  • The Dow fell 133 points to close at 10,308.
  • The Nasdaq lost 27 points, closing at 2,180.
  • The S&P 500 dropped 13 points, settling at 1,096.

 

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