Restaurant shares drop as bailout fails in House

The stocks followed the same path as the Dow Jones Industrials, which fell as much as 705 points after the vote was shown on TV.

Although most investors expected a close vote, they largely expected the package to pass.

The $700 billion emergency rescue package was voted down 228-205. The package was the latest bid by the government to rescue the market from the troubles roiling the financial sector.

McDonald's Corp. shares fell $1.91, or 3 percent, to $61.29 while shares of Starbucks Corp. dropped 55 cents, or 3.7 percent, to $14.41. Shares of Ruby Tuesday Inc. tumbled 50 cents, or 7.8 percent, to $5.94.