2:15PM EST: Fear swept across the financial markets Monday afternoon, sending the Dow Jones industrials down as much as 705 points, as traders feared the financial bailout package would not pass the House. As the vote was shown on TV, stocks plunged and and investors fled to the safety of the credit markets, worrying that the financial system would keep sinking under the weight of failed mortgage debt.
The markets were highly volatile, with the Dow regaining ground to trade with a loss of about 360, then falling backing again, trading down about 400 at the 10,730 level.
(Yehuda Drudgestein - YWN)
http://www.theyeshivaworld.com/article.php?p=24159
---------------------------- Sponsor ----------------------------
Use Our Ride-sharing Network!
Our service has Boruch Hashem seen an overwhelming response.
If you are able to, please do a Mitzvah and offer a ride to those
who can�t afford or don�t know how to drive.
www.theyeshivaworld.com/rideshare
-----------------------------------------------------------------------
Was this emailed forwarded to you? Sign up to receive your own email notifications at
http://www.theyeshivaworld.com//subscribe.php
yid.vid.news@gmail.com has signed up to receive these notifications.
If you would like to unsubscribe, visit the url below:
http://www.theyeshivaworld.com//remove.php?email=yid.vid.news@gmail.com
