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Dow Opens Below 11K

Drops 270 points following European turmoil
By Kate Seamons,  Newser Staff
Posted Sep 6, 2011 8:55 AM CDT
Dow Opens Below 11K
A trader works on the floor of the New York Stock Exchange at the end of the day on September 2, 2011 in New York City.   (Getty Images)

(Newser) – While Americans ate corn on the cob and readied themselves for the premiere of the Real Housewives of Beverly Hills yesterday, Europeans took a beating, with stocks plunging. Investors came face-to-face with that turmoil on their return from the holiday weekend, and the results weren't pretty: The Dow opened down 270 points, taking it below the 11,000 mark to 10,970, reports the Wall Street Journal. The S&P 500 and Nasdaq were down 2.6% and 2.3%, respectively. (Read more Wall Street stories.)

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