Today s highlights
- The Dow Jones industrial average tumbled nearly 777.68 points to 10,365.45.One-day drop biggest in Dow history.
- $1.2 trillion vanished from the United States stock market in the first half an hour of the day.
- $700 billion bail out rejected by the congress.
- Indian Banks reported losses of 700Rs cr
- Wachovia sells its banking operations to Citigroup for around $2 Billion, at the rate of $1/share.
