WHILE Wall Street tumbled, Europe partied its way through the Easter break.
Wall Street tumbled on Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.
Wall Street tumbled to new lows on Thursday and shares of Citigroup, once the largest bank on Wall Street, dropped briefly below $1 as deepening worries about the financial sector and General Motors sent investors running for cover.
Last week's chart topper, Rascal Flatts' "Still Feel Good" (Lyric Street), tumbled to second place on sales of 168,000, and the Matchbox Twenty compilation "Exile on Mainstream" (Atlantic) took third place in its debut with 131,000 copies.
The major indexes on Wall Street tumbled, and stocks fell across Europe and Asia on a major shake-up in the auto industry and fears about the outcome of the Group of 20 meeting this week.
Wall Street tumbled by the most since early July on Friday as profit-taking investors worried that stock markets had raced too far ahead of the struggling real economy.
There were a few bright spots in the falling FTSE 100 (unlike on Tuesday when only engineer Meggitt managed to make any gains as global markets including Wall Street tumbled).
A near 9% fall in the main Shanghai Composite index, its biggest one-day drop since 2007, reverberated around global markets, sending other bourses from Sydney to Wall Street tumbling.
Shares on Wall Street tumbled more than 4percentt on Wednesday as frightened investors wondered how long the economic slowdown would last, how deep it would cut and whether Washington could do anything to stop the bleeding.
Parkour is also known to some as free running or street tumbling, and while the cognoscenti quibble over what differentiates one from the other, a lay observer could simply describe all forms of the sport as a sort of outdoor gymnastics.
With Wall Street tumbling on word that the unemployment rate jumped last month to 4.9percentt, a full percentage point above where it was on Election Day 10 months ago, Mr. Bush spoke to reporters, with Vice President Dick Cheney and the leaders of his party in Congress at his side.
