Dow Jones industrial average

Stocks selling off as investors worried about economic recession in the U.S. and Europe to grow in a wide are plunging.

Dow Jones Industrial Average was down around 300 points, erasing its gains this year. The index is down more than 1,000 points since July 21. Standard & Poor's 500 index sank more than 3 percent, it's 1363 down from its recent high reached on April 29 to 10 percent. 10 per cent is considered a market correction.

The U.S. government opened the market for the first time that people who only last week a number of applications for unemployment benefits edged slightly lower to 400,000. It is still above the 375,000 level that economists say indicates a healthy job market. This is the latest sign the U.S. economy was weak.

Share trading volatile this week on concerns that the U.S. economy is weak is due.

There were minimal.

General Motors Co. fell 2 percent despite beating analyst estimates. CVS Caremark fell about 4 percent, since the final quarter of its revenue slipped.

Many national retailers are announced July sales results throughout the day.

The Dow rose 30 points Wednesday - after an eight-day losing streak broke below 166. Nine days February has been the longest since 1978. S & P 500 index rose 6 points and broke a streak of seven days.

Dow Jones industrial average nearly 300 points, Dow Jones, SP 500, NYSE, Dow Jones, today's oil price falls: the latest sale of large investors are put in stocks in the United States and Europe are worried about economic slowdown is.

Dow Jones industrial average nearly 300 points, erasing its gains this year. The index is now down over 1000 points on July 21. Standard & Poor's 500 index sank more than 3 percent, which brings more than 10 percent from its peak in 1363 has reached recently, 29 April A decline of 10 percent improvement in the market.

The U.S. government announced before the opening of markets, and the first only a little bit last week, less than 0.400000 for the number of people waiting for unemployment benefits.This weakness in the U.S. economy was the final signal.

Business has been volatile this week due to fears that weak U.S. economy. Manufacturing, consumer and corporate spending and employment by the low level consistent with sound economy was approved, it is enabled by default.

General Motors fell 2 percent, though analysts have estimated. CVS Care Mark in the fourth quarter and a decline in profits dropped almost 4 percent.