News/Legislation

Dow Dipped Slightly During Wall Street Vote

The Dow Jones Industrial Average dipped slightly as traders watched the House of Representatives vote on the Wall Street package that will, if signed by President Bush, grant the Treasury secretary authority to spend billions of dollars purchasing toxic assets from collapsing financial firms.

In the last 14 minutes of the 19-minute vote, the Dow dipped 24 points, from 10739.63 with 14 minutes to go to 10715.63 as the vote was gaveled closed, according to quotes from CNNMoney.com.