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U.S. Markets Update

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U.S. Markets Update

Economy

U.S. Markets Update

U.S. Markets Update

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In Asia, military tension on the Korean peninsula is adding to investor worries. And in Europe, there's concern that several governments won't be able to pay back their debts. How did U.S. markets do Tuesday?

RENEE MONTAGNE, host:

NPR's business news starts with a double whammy hitting the market.

(Soundbite of music)

MONTAGNE: The Dow Jones Industrial Average fell below 10,000 this morning. Other major U.S. stock averages are also down sharply. It's not just jitters about Europe and the global economy: Military tension between North and South Korea is giving investors another reason to head for the exit. Asian investors already dumped stocks. Markets across that region ended the trading day sharply lower. And in Europe, stock markets are down, too.

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