Stock market futures fell on Friday

Stock market futures fell on Fridayon 26 th September, 2008, extending losses after a White House meeting with congressional officials was unable to produce agreement over the $700 billion bailout plan meant to save the financial system.

The S&P 500 and Dow futures were both down 1.1 percent, while the Nasdaq future fell 1.3 percent.

In addition, the Wall Street Journal reported that JPMorgan Chase & Co is expected to buy the deposits of Washington Mutual Inc (WM.N) in a government-brokered bailout.

Yesterday on 25 th September, 2008:
Hard hats, transit workers, machinists, teachers and other labor unionists railed against the U.S. government's proposed bailout of Wall Street on Thursday in a protest steps from the New York Stock Exchange. Several hundred protesters yelled their enthusiastic support as union leaders decried a proposed $700 billion plan aimed at reinvigorating the credit markets by relieving financial institutions of distressed debt.