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| Version 0 | Version 1 |
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| FTSE 100 ends day in bear market | FTSE 100 ends day in bear market |
| (10 minutes later) | |
| London's index of key shares, the FTSE 100, has closed in "bear market" territory after another tough day for shares in Europe and the US. | London's index of key shares, the FTSE 100, has closed in "bear market" territory after another tough day for shares in Europe and the US. |
| The FTSE 100 lost 145 points, 2.7% to end at 5,261.6 points. A bear market is often defined as a 20% fall from a stock index's recent peak. | The FTSE 100 lost 145 points, 2.7% to end at 5,261.6 points. A bear market is often defined as a 20% fall from a stock index's recent peak. |
| Friday's closing price is more than 20% below its June 2007 peak of 6,732. | Friday's closing price is more than 20% below its June 2007 peak of 6,732. |
| Markets have struggled amid concerns about the world economy and the impact of slower growth on company earnings. | Markets have struggled amid concerns about the world economy and the impact of slower growth on company earnings. |
| In Paris, the Cac 40 ended the day down 3.1% at 4100.64 points, while in Frankfurt the Dax finished 2.4% lower at 6153.30. | |
| On Wall Street, the blue-chip Dow Jones index was down 1.8% at 11,030.52 points in lunchtime trading. | |
| In London, banks were among the biggest losers, with Royal Bank of Scotland down 8.5%, Standard Chartered sliding 7.8% and HBOS shedding 1.8%. |