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October 6, 2008 3:43:06 PM CDT


Stories related to: FTSE 100

Stories

4 Stories

  • September 2008
    • Europe's Markets Dive Despite Intervention

      Europe's Markets Dive Despite Intervention

      (Newser) - Europe's central banks pumped huge amounts of cash into markets today as stock exchanges dove and interbank lending slowed to a trickle. Just after midday in London, the FTSE 100 was down by nearly 2%, with investment banks and insurers leading declines. The Bank of England injected $35.8 billion into the markets, while the European Central Bank released nearly $100 billion in emergency funds. More »

      Tags

      Lehman Brothers   European markets   Bank of England   European Central Bank   bear market   FTSE 100   Libor

  • January 2008
    • European Markets Yo-Yo

      European Markets Yo-Yo

      (Newser) - European markets went haywire in early trading Tuesday as investors reacted to a second straight day of Asian declines and awaited the reopening of Wall Street. After a disastrous showing for the Nikkei, Hang Seng and other Asian bourses, European markets plunged: the FTSE 100 dropped 200 points minutes after opening. Yet shares in London rallied amid rumors of emergency rate cuts by the three main central banks. More »

      Tags

      markets   bear market   FTSE 100   DAX   CAC 40

  • September 2007
    • Bank Meltdown Wallops the British Market

      Bank Meltdown Wallops the British Market

      (Newser) - Shares of British mortgage lender Northern Rock crashed again today, causing heavy losses in other banks and deflating the FTSE 100 index by more than 100 points by midday. The bank's stock fell 36%, bringing the loss to 78% of its value in the past year. The spreading malaise is expected to bring an abrupt end to the British housing boom, and could damage the new government of PM Gordon Brown More »

      Tags

      Great Britain   stocks   takeover   Northern Rock   FTSE 100

  • August 2007
    • European Markets Dive

      European Markets Dive

      (Newser) - European markets took a dive this morning—after the Dow's plunge yesterday and the overnight collapse of Asian stocks. London's FTSE 100 index has fallen below 6,000, its lowest level since last October. London weathered the storm yesterday, but had nowhere to run today, the Guardian reported, as the credit crisis continues to widen. Markets in Frankfurt, Paris, Madrid, and Stockholm all also fell. More »

      Tags

      stock market   subprime mortgages   Henry Paulson   Dow Jones   Europe   markets   FTSE 100

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