NEW YORK — Stocks are falling again on more fears of economic weakness in the U.S. and Europe's debt crisis.
European leaders are calling emergency meetings and seeking to contain spreading fears that a large nation such as Italy or Spain might default on its debt.
A government report that hiring improved in July sent stocks sharply higher just after the market opened. The rally lasted less than a half-hour.
A half-hour after trading stared the Dow Jones industrial average is down or 42 points, or 0.4 percent, at 11,341. The S&P 500 is down 9 points, or 0.8 percent, at 1,190. The Nasdaq composite is down 37, or 1.5 percent, at 2,520
The Dow fell 513 points on Thursday in the worst sell-off since 2008.