US financial fears send FTSE plummeting

Fears over the US financial sector sent blue chips more than 2% lower today in another turbulent session for the London market.

US financial fears send FTSE plummeting
Tue, 15 Jul, 2008 - 18:55

Fears over the US financial sector sent blue chips more than 2% lower today in another turbulent session for the London market.

Lingering concerns over beleaguered US mortgage giants Fannie Mae and Freddie Mac hit financial stocks hardest in heavy early falls on Wall Street.

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CourtsBusinessHeathrowPlace: USPlace: LondonPlace: JapanPlace: TaiwanPlace: South KoreaPlace: SpainPlace: AntofagastaPerson: Thomas CookEvent: 7/7Organisation: FTSEOrganisation: Fannie MaeOrganisation: Freddie MacOrganisation: A&LOrganisation: Banco SantanderOrganisation: Royal Bank of ScotlandOrganisation: Lloyds TSBOrganisation: BarclaysOrganisation: Bradford & BingleyOrganisation: Vedanta ResourcesOrganisation: GlaxosmithklineOrganisation: AstraZenecaOrganisation: ThomsonOrganisation: Tui TravelOrganisation: BTOrganisation: JessopsOrganisation: Imperial EnergyOrganisation: ImperialOrganisation: TescoOrganisation: MorrisonsOrganisation: Carphone Warehouse
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