Breaking News: Dow Jones plunged below 10,000 Update now at 4:14 -- Stocks nearly unchanged

BREAKING News UPDATE from NY Times at 4:14:

Breaking News Alert
The New York Times
Tue, May 25, 2010 -- 4:14 PM ET
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Stocks Erase Losses Late in the Day, Finishing Nearly Unchanged

Shares on Wall Street recouped almost all of their earlier
losses to end the day flat. At one point, indexes were down
more than 2 percent.

At the close, the Dow Jones industrial average was down 22.82
points, or 0.23 percent; the Standard & Poor's 500-stock
index actually turned positive, gaining less than a point,
while the Nasdaq declined 2.6 points or 0.12 percent.

Read More:
New York Times

BREAKING NEWS from Los Angeles Times shows the Dow Jones plunging -- will it continue to plunge or recover by the end of the day is the question many investors are starting to ask. What is this Administration doing to calm the markets?

Los Angeles Times May 25, 2010 6:59 a.m.

The Dow Jones industrials plunged below 10,000 today as investors, worried about a global economic slowdown and tension between North and South Korea, turned away from stocks.

The Dow fell 248.79, or 2.5%, to 9,817.78. It closed at 10,066 on Monday and has fallen 1,388 points, or more than 12%, from its recent high of 11,205, reached April 26.

More at http://www.latimes.com/