FTSE deep in the red

The FTSE 100 Index closed deep in the red today after banking stocks nosedived on renewed fears over the impact of the credit crunch.

FTSE deep in the red
Thu, 01 Nov, 2007 - 19:24

The FTSE 100 Index closed deep in the red today after banking stocks nosedived on renewed fears over the impact of the credit crunch.

Embattled banks led the FTSE 100 Index 135.5 points lower to 6586.1 – a drop of more than 2%.

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