国际英语新闻：Dow down 3% after deepest intra-day plunge

NEW YORK, May 6 (Xinhua) -- U.S. stocks tumbled more than three percent across the board on Thursday after fears of contagion from Greece debt crisis triggered uNPRecedented sell-off during trading.

In early afternoon trading, about 10 minutes to 3 p.m. EDT, the Dow suddenly dropped 998.5 points to below 10,000 points. It was the biggest intra-day point plunge ever, and largest percentage intra-day loss since the market crash on Oct. 19, 1987, when the index closed 22.6 percent lower.

Both Dow and S&P 500 briefly fell into negative area for the year, while Nasdaq down more than nine percent early in the session.

In early afternoon trading, about 10 minutes to 3 p.m. EDT, the Dow suddenly dropped 998.5 points to below 10,000 points. It was the biggest intra-day point plunge ever, and largest percentage intra-day loss since the market crash on Oct. 19, 1987, when the index closed 22.6 percent lower.

Dow experienced a 1,010.14-point-swing, the second biggest intra-day point-swing ever, as it went down about 700 points in 15 minutes and rebounded about 600 points in 20 minutes.

The New York Stock Exchange said there were no system errors during the Dow's plunge as speculation of bad trades swirled through the market. But the NYSE spokesman Rich Adamonis said " there were a number of erroneous trades" during the plunge. The Nasdaq OMX Group Inc. said it is working with other markets to review the plunge.