LONDON (Thomson Financial) - Leading shares closed sharply lower, near the session low, as Wall Street plunged after the government reported a larger-than-expected jump in unemployment and the price of oil shot higher.
At the close, the FTSE 100 index was down 88.5 points at 5,906.8, near the session low of 5,906.5, with the FTSE 250 index 175.9 points weaker at 9,834.3.
On Wall Street, by London's close, the DJIA was off 260.90 points at 12,343.60, while the S&P 500 index was 24.67 points lower at 1,379.38, and the Nasdaq composite index was down 44.62 points at 2,505.32. tf.TFN-Europe_newsdesk@thomson.com tw/am COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
At the close, the FTSE 100 index was down 88.5 points at 5,906.8, near the session low of 5,906.5, with the FTSE 250 index 175.9 points weaker at 9,834.3.
On Wall Street, by London's close, the DJIA was off 260.90 points at 12,343.60, while the S&P 500 index was 24.67 points lower at 1,379.38, and the Nasdaq composite index was down 44.62 points at 2,505.32. tf.TFN-Europe_newsdesk@thomson.com tw/am COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2008 AFX News
