FTSE 100

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World Markets Tumble

Biggest drop in over 20 years, Brit bailout fails to stop FTSE dive

(Newser) - Fears of a global recession sent markets plummeting around the world today, Bloomberg reports. Japan's Nikkei index nosedived 9.4%—its biggest fall since the stock market crash of 1987. Indonesia and Russia halted trading after their benchmark index dove 10%. Of 100 companies listed in Britain's FTSE 99 fell... More »

Europe's Markets Dive Despite Intervention

Central banks pump cash, but bourses tumble

(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... More »

European Markets Yo-Yo

London, Frankfurt bourses swing wildly in early trading

(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... More »

Bank Meltdown Wallops the British Market

Thousands still lining up outside branches; spiral could hurt PM

(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... More »

European Markets Dive

FTSE 100 Index falls lower than 6,000

(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... More »

5 Stories