FTSE plunges again after rally

London’s leading share index plunged more than 2% today as persistent US recession fears brought an abrupt end to this week’s two-day rally.

FTSE plunges again after rally
Thu, 13 Mar, 2008 - 09:12

London’s leading share index plunged more than 2% today as persistent US recession fears brought an abrupt end to this week’s two-day rally.

The FTSE 100 Index fell more than 130 points as investor cheer faded over Tuesday’s US$200bn (€128bn) move by the Federal Reserve to ease credit market concerns.

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