NYTimes. com News Alert
The Dow Jones industrials closed 777.68 points lower on
Monday -- a 6.97% drop, the biggest loss since 2001 -- after
the government's bailout was defeated in the House.
The broadest measure of the American stock market, the
Standard & Poor's 500-stock index, fell 8.77 percent, its
biggest drop since October 1987. The Nasdaq composite index
fell by more than 9 percent, after the House defeated the
bill by a vote of 228-205.
Read More:
http://www.nytimes.com/?emc=na
The Dow Jones industrials closed 777.68 points lower on
Monday -- a 6.97% drop, the biggest loss since 2001 -- after
the government's bailout was defeated in the House.
The broadest measure of the American stock market, the
Standard & Poor's 500-stock index, fell 8.77 percent, its
biggest drop since October 1987. The Nasdaq composite index
fell by more than 9 percent, after the House defeated the
bill by a vote of 228-205.
Read More:
http://www.nytimes.com/?emc=na
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