Dow Closes Up Tues

The Dow closed up 485 points Tuesday, an increase of 4.68%. Tuesday's closed marked one of the biggest single day climbs in history.

Investors are said to be optimistic that the government will pass a bailout bill shortly.

Congress is expected to reexamine the controversial $700 billion bailout bill later this week.

The Dow closed down nearly 778 points down Monday, the equivalent of $1.2 trillion in market value and a 7% drop. Monday marked the worst single day point loss ever – even topping the 648 points loss on September 17, 2001 – the first day of trading after the September 11 attacks.


Stocks took a nose dive Monday after speculation began to spread that the House of Representatives would vote down the controversial bailout plan – which they did – 228-to-205 – just after 2 pm et Monday.

Hillary to Replace Biden?

"Several US websites are today claiming vice-presidential candidate Joe Biden is set drop out of the US election to be replaced by Hillary Clinton on the Democratic presidential ticket."
http://www.belfasttelegraph.co.uk/news/politics/biden-to-be-replaced-by-hillary-on-obama-ticket-13985924.html

Thoughts...?

Breaking News: House Rejects Bailout Plan

The Dow is down about 500 points following a 228-to-205 vote in the House of Representatives that rejected the 700 billion bailout plan. The Senate is scheduled to vote on the bill Wednesday.

BREAKING NEWS: Palin's Daughter Pregnant

It is now being reported by all major news networks that Bristol Palin, the 17-year-old daughter of GOP VP pick Sarah Palin, is pregnant.

A representative is stating that Bristol is five months into her pregnancy, will keep her child, and is planning on marrying the father, known only as Levi.

This was announced as a response to rampant internet rumors that Trig, Sarah Palin's fifth child, is actually her grandchild. Bloggers are claiming that Trig is Bristol Palin's first child. The Palin family as well as McCain reps have openly denied these claims.