Stocks swing widely Euro, economy fears spreads

Don't look away for too long. You might miss a market rally. Or a plunge.The Dow Jones industrial average is up 80 points after beingdown

NEW YORK - Don't look away for too long. You might miss a market rally. Or a plunge.

The Dow Jones industrial average is up 80 points after beingdown as many as 245 points on Friday. It had been up by as many as171 points after a solid jobs report in the morning.

Many investors fear that Europe's spreading debt crisis mightreach U.S. banks and threaten the fragile economy. A stronger jobsreport early Friday did little to reassure investors, a day afterthe Dow's worst decline since 2008.

Among the issues investors are most concerned about: Europe'sgrowing financial crisis; hiring in the U.S. that is too slow tosignificantly lower the unemployment rate; anemic growth inmanufacturing and the service sector and a decline in consumerspending; and the belief that the government is unlikely to spendmore to stimulate the economy.

advertisement | advertise on News 12

Trending Video

News 12 hit the streets to find out, 1 Word on the Street: Worst Highway in NYC
Weekend Travel Advisory, 3/24-3/26 2 Weekend Travel Advisory, 3/24-3/26
The incident happened on March 15, inside the 3 VIDEO: Deli Plus Grocery shooting exclusive video
Furry Friends for 3/24 - Animals for Adoption 4 Furry Friends for 3/24 - Animals for Adoption
Wake services for Yadira Arroyo were held at 5 Wake services continue for EMT slain in the Bronx

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE