WSJ: Dow Drops 600 Amid Fears Bailout Bill Will Fail
Normally when I see the Wall Street Journal flash breaking news like, “the Dow industrials fall more than 600 on fears bailout package vote will fail,” I’d shoot our economics reporter Mary Kane an email to ask her what to make of this. Unfortunately, Mary is out today, so I browsed over to Marketwatch.com for some analysis. All I found there is “Dow Falls 500″ in size 100 font.
This seems like an incredible drop over the course of about an hour. We’ll keep an eye on it today.