Wall Street slams tech on bailout bill's failure
updated: Wall Street reacted sharply to news that Congress failed to pass a $700 billion bailout bill this morning, sending the Dow Jones Industrial Average into a downward plunge more than 777 points. The tech-heavy Nasdaq, not immune to the financial ripple-effect that stems from the financial crisis, was down more than 9 percent on the news, led by Apple, which took an immediate beating and fell almost 18 percent after brokers cut their ratings.