FTSE slumps on foot of US news

Disappointing US jobs figures brought an abrupt end to stock market recovery efforts today as the FTSE 100 Index slumped 1.6% into the red.

FTSE slumps on foot of US news
Fri, 04 Jun, 2010 - 18:04

Disappointing US jobs figures brought an abrupt end to stock market recovery efforts today as the FTSE 100 Index slumped 1.6% into the red.

Equities worldwide tumbled after the closely-watched data came in worse than expected, with the Footsie closing down 85.2 points at 5126.

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