Tags

, , ,

BAILOUT REJECTED
House Votes ‘No,’ 228-205; Stocks Plunge

Dow 10,569.74 -573.39 (-5.15%)
Nasdaq 2,041.38 -141.96 (-6.50%)
S&P 500 1,132.87 -80.14 (-6.61%)

at 3.07 p.m. Eastern Time.

The S&P 500's decline of of 7.2% at its low is the largest intraday decline since the week following Black Monday in 1987.

If, as seems increasingly likely, we are in for an economic crunch equivalent to that of the Great Depression, today is going into the history books.

Come on, Government – govern!

UPDATE 3.26 pm. ET

Dow 10,433.86 -709.27 (-6.37%)
Nasdaq 2,009.61 -173.73 (-7.96%)
S&P 500 1,115.27 -97.74 (-8.06%)

2nd UPDATE – closing

Dow 10,365.45 -777.68 (-6.98%)
Nasdaq 1,983.73 -199.61 (-9.14%)
S&P 500 1,106.92 -106.09 (-8.75%)

Advertisements