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Dow Drops Back Below 12,000 On Greek Default Fears

Photo by Spencer Platt/Getty Images

NEW YORK, NY – JUNE 15: A banner for Pandora Media Inc., the online-radio company, hangs in front of the New York Stock Exchange walk on its first day of trading as a public company on June 15, 2011 in New York City. Pandora stock rose as much as 63 percent to $26 following its debut on the New York Stock Exchange, under the symbol P. Reversing much of the previous day’s gains, stocks fell Wednesday as more news emerged about the fragility of the American and global economy. The Dow Jones Industrial Average fell 88 points, or 0.8%, to 11987 in morning trading. (Photo by Spencer Platt/Getty Images)

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