Source: http://news.yahoo.com/s/ap/20080929/ap_on_bi_ge/financial_meltdown
In a stunning vote that shocked the capital and worldwide markets, the House on Monday defeated a $700 billion emergency rescue for the nation's financial system, ignoring urgent warnings from President Bush and congressional leaders of both parties that the economy could nosedive without it.
Stocks plummeted on Wall Street, beginning their plunge even before the 228-205 vote to reject the bill was officially announced on the House floor. The Dow Jones industrials sank nearly 700 points for the day.
At the time of writing the related quotes were:
^DJI 10394.92 -748.21 | ^IXIC 1983.73 -199.61 | ^GSPC |
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