Global stockmarkets are set to fall further today after the US bail out package was rejected by lawma...
Global stockmarkets are set to fall further today after the US bail out package was rejected by lawmakers. The FTSE 100 opened over 1% lower this morning falling to around 4,755 points. Declines were led by BP, Royal Dutch Shell and Barclays. However, the index has been slow since, amid growing speculation some form of bailout will be passed. Strong gains from miners and selected banks limited the downside. US markets suffered the worst day since 1987 yesterday as the $700bn rescue package was rejected. Over $1trillion is believed to have been wiped off the Dow Jones industrial avera...
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