Monday, September 29, 2008

Stocks tumble as bailout plan fails in House

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)

Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, after the government's financial bailout package failed the House.

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