Steady drop in Asia, Pacific markets

(CNN) - Asian and Pacific stock markets slid downward Tuesday after the U.S. House of Representatives failed to adopt a Wall Street bailout measure, triggering the largest point drop in U.S. market history.

The Japan's Nikkei Index was down 4.63 percent while the Australian Securities Exchange fell 3.44 percent. The Hong Kong exchange dropped 4.29 percent.

The Korea Exchange in Seoul, South Korea, rallied from being down 3.47 percent to being down 2.68 percent.

The American stock market was down almost 778 points at closing Monday - just under 7 percent.