With the US House of Representatives rejecting the $700 billion emergency rescue package intended to bail out bankrupt American financial institutions, markets across the world went into a freefall.
The Dow lost 778 points, its largest single-day fall in history, to 10365 points. The Nasdaq declined 200 points to 1984 points.
Image: A man walks past the charging bull statue near the New York Stock Exchange in New York. | Photograph: Mandel Ngan/AFP/Getty Images
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