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06/09/2001
FTSE drops to three-year low
As the FTSE 100 index of leading UK shares dropped to a three-year low of 5,191.6 in Thursday afternoon trading the American Dow Jones showing signs of immediate nervousness on opening.
The reaction came as stock markets throughout Europe plunged to greater depths.
Technology shares dominated the losers' leaderboard, with Marconi shares slumping a further quarter to fresh life-time lows, and British Telecom shares hit a four-year low.
US markets, meanwhile, provided no support when they opened. Within minutes of the commencement of trading the Dow Jones industrial average fell below the 10,000 level.
After half an hour of trade the Dow plummeted 98.74 points to reach 9934.53, while the tech heavy Nasdaq fell 25.68 points to hit 1733.33. (MB)
The reaction came as stock markets throughout Europe plunged to greater depths.
Technology shares dominated the losers' leaderboard, with Marconi shares slumping a further quarter to fresh life-time lows, and British Telecom shares hit a four-year low.
US markets, meanwhile, provided no support when they opened. Within minutes of the commencement of trading the Dow Jones industrial average fell below the 10,000 level.
After half an hour of trade the Dow plummeted 98.74 points to reach 9934.53, while the tech heavy Nasdaq fell 25.68 points to hit 1733.33. (MB)
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18 October 2001
FTSE dives as anthrax fears hit home
The FTSE, along with other European shares, dipped sharply as concern heightened that the anthrax scares would dent consumer and investor confidence.
FTSE dives as anthrax fears hit home
The FTSE, along with other European shares, dipped sharply as concern heightened that the anthrax scares would dent consumer and investor confidence.
09 August 2001
European markets battered by US fall
Europe’s battered stock markets slid further on as further gloomy news on the US economy emerged. Early morning trading on Thursday 9 August saw the FTSE Euro 300 slip back around 17 points hovering at 1,300.
European markets battered by US fall
Europe’s battered stock markets slid further on as further gloomy news on the US economy emerged. Early morning trading on Thursday 9 August saw the FTSE Euro 300 slip back around 17 points hovering at 1,300.
31 August 2001
Dow Jones closes at five-month low
The Dow Jones has closed below the 10,000 level for the first time in nearly five months, at 9963.3. The result was further gloomy news on the economy for US companies and pulled Asian markets down in their stead, exacerbating the trend set by fresh waves of gloomy economic data from Pacific nations.
Dow Jones closes at five-month low
The Dow Jones has closed below the 10,000 level for the first time in nearly five months, at 9963.3. The result was further gloomy news on the economy for US companies and pulled Asian markets down in their stead, exacerbating the trend set by fresh waves of gloomy economic data from Pacific nations.
17 August 2001
Technology share rebound fails to materialise
Share traders who had hoped to see technology and telecommunications shares recover after a poor week’s trading on the FTSE100 have been disappointed. Trading in tech and telecoms shares failed to firm up as a nervous market looked elsewhere for returns.
Technology share rebound fails to materialise
Share traders who had hoped to see technology and telecommunications shares recover after a poor week’s trading on the FTSE100 have been disappointed. Trading in tech and telecoms shares failed to firm up as a nervous market looked elsewhere for returns.
07 June 2002
Intel profits warning tips tech shares lower
A profits warning by computer chip manufacturer Intel has assisted a major slide in world stock markets taking the share market to its lowest level since October last year.
Intel profits warning tips tech shares lower
A profits warning by computer chip manufacturer Intel has assisted a major slide in world stock markets taking the share market to its lowest level since October last year.
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