Citigroup and others part of the Dow Falling 268 Points (NYSE:C),(NYSE:SPY),(NYSE:FAS)

U.S. stock prices fell dramatically today as the Dow closed near 10,000 and lost 268 points for the first time in three months. High unemployment and unstable European markets may be the cause and fueling the fire today was Citigroup Inc. (NYSE:C), SPDR S&P 500 ETF (NYSE:SPY) and the Direxion Daily Finan. Bull 3X Shs(ETF) (NYSE:FAS).

Citigroup (C) was the volume leader today with 450 million shares traded and the stock fell 5.6% on all the negative nancy news.  The SPDR S&P 500 ETF (NYSE:SPY) was just behind Citigroup with over 350 million shares passing hands before falling 3.09%.  Just 273 stocks rose on the New York Stock Exchange, while more than 2,800 fell.

One of today's biggest losers was the the Direxion Daily Finan. Bull 3X Shs(ETF) (NYSE:FAS) which fell 11.8% and its opposite Direxion Daily Finan. Bear 3X Shs(ETF) (NYSE:FAZ) jumped 11.75%.

The slide began in Europe on concerns about onerous debt levels in Greece, Portugal and Spain. Worries about those countries set off broader concerns that governments will have difficulty containing rising debts and borrowing more money to help revive their economies.

Hang in there investors, tomorrow is Friday.