Summary Box: Dow closes below 10K on report that China is examining its European bond holdings

Summary Box: Stocks give up gains after euro drops

LATE REVERSAL: A slumping euro upended a stock market advance Wednesday. The drop in the currency came after a report that China might re-examine its holdings in European government debt.

DOW DROP: The Dow Jones industrial average ended down 69 points for its first close below 10,000 since February. It had been up 135.

ECONOMIC GAINS: Stocks initially climbed on U.S. government reports that orders for big-ticket manufactured goods and new homes sales rose last month. That raised expectations in early trading that the economy was still recovering.