Spread of Greek debt crisis hits world markets(Read article summary)
Fears of the spread of Greek debt crisis hit stocks and currencies around the world Thursday.
Henny Ray Abrams/AP
Debt is not just a Greek problem anymore.
The fear that the forces behind the Greek debt crisis may also affect other European nations hit global markets in spectacular fashion Thursday.
There were reports that the sudden plunge was caused by an errant trade. But that was small comfort to investors. Even after stabilizing, the Dow still finished the day down nearly 350 points, its biggest single-day point drop since the depths of the great recession 15 months ago.