<< Read Full Article

Dow Plunges 777 as House Rejects Bailout

Stock quotes in this article: C , WB , WM , JPM , AIG , CC , MS , MTU  

Updated from 4:10 p.m. EDT

Stocks on Wall Street wallowed in a blood bath Monday after the House of Representatives voted to reject the Treasury Department's proposed aid package for the financial sector.

The surprise vote tally stunned traders on Wall Street. The Dow Jones Industrial Average plummeted 777.68 points, or 7%, to 10,365.45. The S&P 500 sank 106.59 points, or 8.8%, to 1106.42. The Nasdaq lost 199.61 points, or 9.1%, to 1983.73.

At the end of the day, the Dow suffered its worst single-day point drop ever and its worst single-day percentage decline since Sept. 17, 2001. Each of the 500 stocks that make up the S&P 500 trading Monday, finished the day with losses; that is except for Campbell Soup (CPB Quote). ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
77.05
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services