Live Blog:
2:27 - The vote for the $700 billion bailout failed in the House. The Dow Jones immediately dropped as much as 700 points. Only 60% of Democrats and 33% of Republicans backed the bill. (CNN Video Stream)
2:44 - All the major indexes are posting large declines. Check out Google Finance for current numbers.
2:46 - Oil is down nearly 10 dollars on fears of a global economic slowdown.
2:54 - Gold is up $22.30 to $910.80 an ounce.
