US doubts prompts FTSE fall

The FTSE 100 Index plunged deep into the red today as doubts over the US economic stimulus plan rippled through global markets.

US doubts prompts FTSE fall
Tue, 17 Feb, 2009 - 18:27

The FTSE 100 Index plunged deep into the red today as doubts over the US economic stimulus plan rippled through global markets.

Wall Street was closed yesterday, but the Dow Jones Industrial Average swiftly fell more than 3% on opening as US car giants rushed to meet deadlines for plans on how they aim to repay huge public loans.

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