Shares in New Global Slump As Fears Grow ; Stock Markets

Summary


STOCK markets were plunged into turmoil again today, a week after Black Monday, as worries over the US and global economies grew ever larger.

The FTSE 100 index, which seven days ago took its biggest one- day plunge since the 9/11 terrorist attacks in 2001, and continental exchanges were again marked down heavily today after another major sell-off in the Far East overnight. The blue-chip index in London, down as many as 93 points at one stage, was later off 67.9 at 5801.1.

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Shares in New Global Slump As Fears Grow ; Stock Markets

Asian markets had taken their cue from a sharp fall on Wall Street in late Friday trading. Following the US Federal ...

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