Shares fall amid US economic slowdown fears

London traders are hoping the market will bounce back today after more than £17bn (€25.6bn) was wiped off the value of London shares as fears of an economic slowdown in the US gripped investors.

The FTSE 100 Index lost 71.0 points yesterday to finish at a 10-month low of 4306.3, following the lead of Wall Street which was deep in the red for the second consecutive session.