By Kevin G. Hall
WASHINGTON — Congressional leaders and the Bush administration vowed to revive a $700 billion Wall Street rescue after rebellious Republicans defied their leadership and killed the controversial plan Monday.
The surprising demise of a bill that had been the subject to intense neogtiations for days sent U.S. and global financial markets plunging. The Dow closed down 778.68 points, a nearly 7 percent drop. It was the largest one-day point drop in history, but as a percentage it fell below other historic declines.