Asian and European stock indexes have fallen amid concerns about the state of the world economy and the impact slower growth will have on company earnings.

The UK's FTSE 100 index lost more than 2% on opening, dropping below 5,385 points and heading towards investors' definition of a "bear market".

A bear market is the opposite to a bull market and is defined as being 20% below the stock index's recent high.

Analysts have warned that equities are Shares on Wall Street plummet 3% ...
US unemployment rate up at 5.5% ...
Burma begins three days of mourning ... set to be volatile in coming months.

(BBC)

<< Back