Dow Plummets as Bailout Fails in House
Monday, September 29, 2008
New York, NY —
On Wall Street the Dow closed with its biggest drop ever today -- it plunged more than 735 points (to close at 10404) - after the failure of the financial bailout plan in the House. That's a nearly 7 percent drop for the Dow. Stunned traders on the floor of the New York Stock Exchange watched TV screens as the House voted down the plan this afternoon. Todd Zwillick of the Capitol News Connection was also watching, and he joins us now.