FTSE ends week with loss

News of a cash crisis at US investment bank Bear Stearns sent the FTSE 100 Index into reverse today in a dramatic end to the trading week.

FTSE ends week with loss
Fri, 14 Mar, 2008 - 17:12

News of a cash crisis at US investment bank Bear Stearns sent the FTSE 100 Index into reverse today in a dramatic end to the trading week.

The fresh evidence of the impact of the credit crunch sparked a sell-off in US markets as Bear Stearns said "market chatter" had hit liquidity and forced it to seek funding from JP Morgan Chase and the US Federal Reserve.

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FTSE ends week with loss

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