FTSE continues plunge

The FTSE 100 Index has continued to plunge deeper into negative territory, closing down more than 100 points for the second day in a row.

London's benchmark share index dropped nearly 2% as it shed 114.6 points to close at 6171.5 despite positive investor sentiment in the United States, with the Dow Jones Industrial Average trading up as investors took weaker than expected economic data in their stride.