AP - Congressional leaders, with advice from their parties' presidential nominees, scrambled Tuesday to come up with changes that will allow them to sell the failed $700 billion financial bailout to rank-and-file members.

Reuters - World stocks were at near three-year lows on Tuesday but fears of a major market meltdown failed to carry through from Wall Street to Europe as confidence in bank rescue packages persisted.

AFP - London's FTSE 100 index of leading shares was up 0.22 percent in late morning deals, lifted by bargain hunting in the wake of a rout across Asia markets and on Wall Street overnight.

AFP - US and European markets were higher Tuesday as investors hoped another vote on the US financial bailout package would see the plan passed and a start made on reining in the global turmoil.

AP - Stocks were volatile across the world on Tuesday, a day after U.S. lawmakers rejected a $700 billion bank rescue plan.

AFP - Shares in London closed higher on Tuesday, getting a boost from a rebound on Wall Street as investors hoped another vote on the US financial bailout package will see the plan passed.

Reuters - Stocks on Tuesday clawed back from Wall Street's worst slide in more than 20 years on Monday as investors bet Washington would resuscitate a plan to stabilize the U.S. financial sector despite Monday's defeat.

AP - Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise money showed no sign of relief.

Reuters - A senior U.S. lawmaker urged the U.S. Securities and Exchange Commission on Tuesday to reinstate an index arbitrage rule to halt market volatility.

AFP - Global markets panicked Monday after US lawmakers rejected a 700-billion-dollar rescue of the financial system, raising the prospect of deeper financial turmoil.

AFP - The Dow Jones industrials plunged over 700 points Monday after the rejection by US lawmakers of a massive rescue plan for the financial system.

AFP - Wall Street blue-chip stocks suffered their worst single-day point decline Monday as markets went into convulsions after US lawmakers rejected a massive rescue of the financial system.