Bailout defeat sends restaurant stocks into freefall

NEW YORK Echoing the crash in the broader market, the NRN Stock Index fell 5.12 percent on Monday, its largest one-day loss in four years, on news the House of Representatives had failed to pass a $700 billion bailout plan that investors hoped would provide liquidity to the U.S. financial sector and spur lending, spending and economic growth.

The NRN Stock Index’s decline, however, was not as bad as the major indexes, indicating restaurant stocks may be buffered

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