Money | stock market Dow Plunges on Fears Over Europe, Korea May close below 10,000 By Kevin Spak Posted May 25, 2010 8:37 AM CDT Copied Specialist Gerard Petti, left, works on the floor of the New York Stock Exchange Monday, May 24, 2010. (AP Photo/Richard Drew) The Dow opened below 10,000 today—a mark it hasn't closed below since February—as investors panicked over the conflict between North and South Korea and instability in European banks. The Dow fell 238 points, while the S&P and Nasdaq dropped 23 and 53 points respectively, according to the Wall Street Journal. Oil slid to $68 a barrel over fears about global demand, and the euro hit a four-year low. Read These Next Analysis sees a historic shift underway in US capitalism. Explosion rocks steel plant near Pittsburgh. Rapper stops his show to scold a mom who brought her baby. A child was reportedly among those shot dead in a Target parking lot. Report an error