FTSE falls below 6600 barrier

The London market plunged below the 6600 barrier today as investor nerves were shaken by economic fears in the US and China.

FTSE falls below 6600 barrier
Thu, 24 May, 2007 - 18:27
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The London market plunged below the 6600 barrier today as investor nerves were shaken by economic fears in the US and China.

The FTSE 100 Index closed 51 points down at 6565.4, mirroring losses seen in America after data revealed that house prices fell by 11% last month - their fastest ever decline.

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