14 March 2001, 09:57 European stocks slump after Monday's US market plunge
London, March 13 (BridgeNews) - Europe's major markets slumped lower
following a rout in U.S. markets Monday, easing only slightly as the Dow
and Nasdaq mounted a recovery in early trading. The FTSE-100 index closed
down 105.8 points to 5720.7, its lowest close since December 1998, even
though a modest turnaround in heavily weighted telecoms and banking stocks
lent some support and prevented an otherwise battered main index from
dropping into an abyss.
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