▁last ▁four ▁weeks . ▁ ▁Events ▁On ▁Wed nes day , ▁November ▁ 1 9 , ▁proposed ▁federal ▁b ail outs ▁of ▁US ▁auto ▁mak ers ▁failed ▁with ▁Republican ▁sen ators ▁reject ing ▁the ▁Democratic ▁plan ▁and ▁Democratic ▁sen ators ▁reject ing ▁the ▁Republican ▁plan . ▁Neg oti ations ▁continued ▁with ▁the ▁Democr ats ▁request ing ▁a ▁plan ▁for ▁vi ability ▁from ▁the ▁autom akers . ▁Autom obile ▁sales ▁were ▁also ▁down ▁sharp ly ▁in ▁Europe ▁and ▁b ail outs ▁were ▁under ▁consideration , ▁particularly ▁for ▁subs idi aries ▁of ▁General ▁Mot ors ▁such ▁as ▁Op el ▁in ▁Germany ▁and ▁V aux hall ▁in ▁the ▁United ▁Kingdom . ▁ ▁On ▁Wed nes day , ▁November ▁ 1 9 , ▁the ▁Dow ▁Jones ▁Indust rial ▁A verage ▁fell ▁sharp ly ▁by ▁ 4 2 7 . 4 7 ▁points ▁or ▁ 5 . 0 7 %, ▁closing ▁below ▁ 8 , 0 0 0 ▁points ▁for ▁the ▁first ▁time ▁since ▁March ▁ 2 0 0 3 . ▁United ▁States ▁financial ▁stock s ▁led ▁the ▁way ▁with ▁Cit igr oup ▁showing ▁a ▁ 2 3 % ▁drop . ▁The ▁UK ▁F T SE 1 0 0 ▁fell ▁by ▁about ▁the ▁same ▁percentage , ▁closing ▁just ▁above ▁ 4 0 0 0 . ▁The ▁BBC ▁Global ▁ 3 0 , ▁combining ▁Europe , ▁Asia ▁and ▁North ▁America ▁in ▁a ▁single ▁index , ▁fell ▁by ▁ 5 . 1 %. ▁ ▁On ▁Th urs day , ▁November ▁ 2 0 ▁the ▁Dow ▁Jones ▁Indust rial ▁A verage