US stocks took scant comfort from Congressional approval of the $700bn bail-out plan, suffering their worst week since September 2001.
Traders snapped up stocks ahead of the bill’s anticipated passage yet sold off sharply after the event.
By Alistair Gray in New York
Published: October 3 2008 13:51 | Last updated: October 3 2008 19:45
US stocks took scant comfort from Congressional approval of the $700bn bail-out plan, suffering their worst week since September 2001.
Traders snapped up stocks ahead of the bill’s anticipated passage yet sold off sharply after the event.