Dow | 10,730.71 | +365.26 | (3.52%) |
Nasdaq | 2,069.48 | +85.75 | (4.32%) |
S&P 500 | 1,155.55 | +49.16 | (4.44%) |
Bailout failure ‘will cause US crash’
The US stock market could suffer a devastating crash with shares losing a third of their value this week if Hank Paulson’s financial bailout plan fails, US Treasury officials have warned.
Wow, the President can’t even start a real financial panic. That’s got to hurt.