The FTSE index is the index of stock trade in the London market. You can check it on Yahoo, Moneycentral, Bloomberg, etc..
Per Monday morning, Oct 6, it sure doesn't look lik…e any European or the Asian markets reacted positively to the passage of the bailout..
I can't see how the bailout can be considered anything but a positive for the market- but what do I know! The billions of Fed dollars doesn't immediately flow into the system. Just reading the headlines today, it appears our credit crunch is spreading globally..
In the long term, will the bailout work for the US and the rest of the world? Sure wish I had an answer. ( Full Answer )