FTSE slides into bear market

The FTSE 100 Index stood more than 2% lower today as investors dived for cover in the wake of more depressing economic and corporate news.

FTSE slides into bear market
Tue, 08 Jul, 2008 - 09:47

The FTSE 100 Index stood more than 2% lower today as investors dived for cover in the wake of more depressing economic and corporate news.

A bleak session on Wall Street added to the pain, causing the Footsie to slide more than 120 points and reverse tentative gains seen on Monday.

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