Stocks fall sharply lower ahead of bailout vote (AP)

Posted by admin on September 29, 2008 under News | Be the First to Comment

Stocks fall sharply lower ahead of bailout vote (AP)

Trader Daniel Lomeli, left, watches the numbers as he works on the floor of the New York Stock Exchange, Monday Sept. 29, 2008. Markets remain strained ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies and as investors look over a deal for Wachovia Corp.'s banking operations.(AP Photo/Richard Drew)AP – Financial markets endured another difficult session Monday ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies and as investors examined a deal for Wachovia Corp. The Dow Jones industrial average fell nearly 300 points, while demand for safe-haven buying in government debt remained high ahead of the vote.


Add A Comment

home top