London shares hit lowest level since 2016



European markets have followed Asian markets lower on Tuesday as investors continue to dump stocks following the biggest US market fall for six years.
London, Frankfurt and Paris all fell sharply when they opened on Tuesday with losses of up to 3%. In the US overnight the Dow lost 4.6%.
Japan's Nikkei 225 closed down 4.7%.
The falls follow some good years for investors. In 2017 the Dow was up 25%, helped by a resurgent economy and strong corporate profits.
London's FTSE stood down 2.46%, or 180 points, at 7,154.57.
This global sell-off began last week after a solid US jobs report fuelled... read more

 
6 February 2018 in Regional, Views: 38
Source: BBC
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