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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CourtsBusinessFTSEPlace: USPlace: AmericaPlace: Gulf of MexicoPlace: UKPerson: Tony HaywardPerson: Tidjane ThiamOrganisation: FTSEOrganisation: FootsieOrganisation: BPOrganisation: PrudentialOrganisation: AIAOrganisation: Royal Bank of ScotlandOrganisation: B&QOrganisation: KingfisherOrganisation: CitigroupOrganisation: Home Retail GroupOrganisation: ArgosOrganisation: HomebaseOrganisation: Shore CapitalOrganisation: Game GroupOrganisation: KBCOrganisation: CorgiOrganisation: HornbyOrganisation: AMECOrganisation: Vodafone
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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