Market jitters plunge ISEQ and FTSE into red

The ISEQ index of Irish shares and London's FTSE 100 Index were mired in the red today as more bad news from the United States kept up the pressure on world markets.

The ISEQ was down 3.17% today, while London’s benchmark index was down nearly 3% to its lowest level this year as investors took in more gloom on Wall Street, where the US’s biggest mortgage lender was under the spotlight.