The next day, September 30, Tuesday, at 7 a.m.

The sky is clouded over.

Then it started to rain heavily.

Crazy...

The weather is so bad today, so is people's mood.

Last night, the U.S. Congress rejected a $700 billion bailout plan, and the U.S. stock market plummeted.

The news was full of panic information.

[The market rescue plan was frustrated and the Dow Jones fell record points]

Because the House of Representatives rejected the US government's $700 billion rescue plan.

U.S. stocks plummeted on Monday.

The Dow Jones fell 777.68 points.

Set a record of the largest single-day decline in history!

Rennes Smith, vice president of Blackshirt Investment Bank: “If the rescue proposal is passed, market uncertainty will certainly decline.

The proposal was rejected and the rapid rise of uncertainty and vix    (market fear index) and the sense of horror has already enveloped the market."

As of the close, the Dow Jones Industrial Average closed at 10,365 points, a drop of 6.98%.

The Dow Jones Industrial Average's single-day decline even broke the original record of 684 points set on September 17, 2001 (the first trading day after the 9/11 terrorist attack).

The 30 constituent stocks of the Dow Jones Index fell across the board!

Bank of America fell 17.6%.

American Express fell 17.6%.

As the global financial crisis intensified, four emergency rescue cases in Europe and the news of Citi's acquisition of American Bank shocked the stocks, commodity futures and foreign exchange markets earlier.

Forced several major central banks to inject hundreds of billions of dollars into the financial system.

The decline in U.S. stocks expanded rapidly after the U.S. House of Representatives rejected a $700 billion rescue plan.

Many financial figures believe that the plan does not prevent the financial crisis from breaking out in some other countries.

Goldman Sachs Bank: Citigroup will acquire the financial business of Midland Bank (WB), and Citigroup fell 11.9%!

The S&P 500 fell 106 points to close at 1106 points, a drop of 8.8%.

The 10 major industry sectors in the S&P fell across the board, while the energy, finance and raw materials sectors led the decline.

The S&P 500 index hit its largest single-day percentage decline since October 26, 1987.

Howard Silverblatt, a senior index analyst at S&P: S&P lost $700 billion in market value today.

The Nasdaq Composite Index fell 199 points to close at 1983 points, a drop of 9.14%.

In Europe, Belgium, the Netherlands and Luxembourg jointly invested US$164 billion to bail out Belgium-Netherland Fortis Bank.

Investors and creditors have lost confidence in the mortgage supplier Brafford Bentley, the British government said it would nationalize the mortgage supplier Brafford Bentley.

The Icelandic government said it has acquired 75% of the shares of Glitnir   HF, the country's third largest lending bank.

Several German financial institutions have acquired real estate company hypo    real    estate.

Wall Street Journal: [New York crude oil futures fell sharply at $10.52 on Monday to close at $96.37]

New York crude oil futures prices closed sharply above $10 on Monday.

The decline was the highest level in nearly seven years.

Leading the decline in prices of other commodity futures such as copper and corn futures.

The reason is that the U.S. House of Representatives rejected the Treasury Department's $700 billion rescue plan.

HSBC: For now, the economic outlook can only be described as "bleak".

After the financial crisis began to affect Europe, people had to worry about whether Asian crude oil demand could be sustained.

Zhang Xiaolei, vice president of Standard Chartered Bank: It is expected that under the influence of the financial crisis, crude oil prices will not be able to maintain in triple digits.

Weiler Hess, vice president of Blackshirt Investment Bank: The reason for the decline in crude oil futures prices is the fragile economy.

Bloomberg: Bush administration urgently calls on economic team to discuss countermeasures

The White House expressed disappointment that the House of Representatives rejected the financial rescue plan.

It is said that President Bush will meet with his economic team to agree on further measures and engage with congressional leaders.

White House spokesman Tony Flato: “There is no doubt that the economy is facing a serious crisis and action is needed.

Two hours ago, he predicted that the bill would be passed.

"We are very disappointed with the results, and the President will meet with his team tonight to discuss the next steps while maintaining contact with Congress leaders."

Before the vote, Flato said President Bush, Vice President Dick Cheney and Treasury Secretary Henry Paulson had been in contact with dozens of lawmakers in an attempt to get their support.

Before the vote, most members of the House Republicans opposed the rescue plan because they believed that it would be an excessive government intervention in the market.

In a key vote on Monday, the Bush administration failed to change their positions in a timely manner.

Sing Tao Daily: Global stock market plunge is coming

South China Morning Post: Hong Kong stock market will usher in a tragic plunge today

Pasto Brandt, Vice President of Blackshirt Investment: Asian stock markets will see a top drop today

···

Almost all news media are reporting on the news that panicked the financial market.

Especially Black-shirt Investment Banks are afraid that the stock market will not collapse, and they instigated a large number of Black-shirt Investment Bank customers, especially retail investors, to sell their stocks crazily when they open the market.

Minghui International Securities Company, which had previously argued with Black-Shirt Investment Bank, was scolded.

"It's paralyzed, it's over, it's over. I heard from Minghui International Securities analysts last week that I bought the Hang Seng Index at the bottom, ah!!"

"I'm done, too, I'm going to lose money this time, wuwu."

"The US stock market collapsed, what about it? The stocks I have suffered so much loss."

"I lost a lot of money on the US stock market last night and didn't sleep all night just to sell Hong Kong stocks when the Hong Kong stock market opened."

"TM, I don't know how many points the Hang Seng Index fell today."

"I will sell the stocks when I open the market and stop holding them."

"The analysts at Minghui International Securities have caused me a lot of harm. They are such a trash!"

"It's still a great team of analysts in Blackshirt Investment Bank"

"If I had known it, I should have referred to the views of Blackshirt Investment Bank, paralyzed, grass, what dogs, garbage Minghui International Securities!"

··

At this moment, Minghui International Securities Company has breakfast, milk, sandwiches and egg tarts on the table.

Zhang Huiming, Qian Mingyuan, Jia Baowei and Jin Xu had no appetite.

I didn't sleep all night last night, with a sad face and dark circles on my face.

The US White House’s $700 billion rescue plan was rejected last night.

The US stock market fell into shit!

The Hong Kong stock market opened today, and I don’t know what the Hong Kong stock market is like?

The four of them had been drinking tea, smoking, and racking their brains in the trading room last night, wondering why the $700 billion rescue plan was finally rejected?

The four of them really thought about it all night.

The US Bush administration's $700 billion rescue plan was rejected in the vote of the US House of Representatives, which was beyond the media's expectations and also shocked the market.

Heavyweight Washington politicians such as Bush and Pelosi have commented on their disappointment.

However, more people want to know why this rescue plan that seems to be conducive to stabilizing the financial situation in the United States was rejected by lawmakers?

Judging from the structure of the House of Representatives' vote today, it is impossible to draw a conclusion that this is a political party dispute.

In fact, the revised rescue plan proposed by the Republican Bush administration and consulted with the top leaders of the two houses of Congress controlled by the Democrats, has been described by Bush and congressional leaders as a highly promising feasible plan.

However, what's the problem?

Zhang Huiming sighed: "Why is this?"

Qian Mingyuan said fiercely: "TM, it has been brewing for so long and waiting for so long. I didn't expect it to be the result. I thought the global stock market was about to soar, and now it's down like this!"

Jia Baowei also said angrily: "This time we really killed us. tm. The media news was reported every day before, and I thought it would be passed.

Unexpectedly, it was rejected in the end.

Alas, this time we bought the Hang Seng Index at the bottom of 60,000, and it's over

Jin Xu said with a worried look: "Today, the Hong Kong stock market opened, Hang Seng Bank doesn't know how much of the plunge? Will we lose our positions?"
To be continued...