Updated: 09/29/2008 - Stocks suffered dramatic losses as the House defeated the massive financial rescue package. Based on preliminary data, it was the single-largest point drop in history, but far from the largest on a percentage basis. While the final numbers were still shaking out, the Dow lost 770 points or 6.9 percent to 10,372. The S&P 500 dropped 104 points or more than 8 percent to 1,109. The Nasdaq composite was down about 200 points or 9 percent to 1,983.