FTSE 100 falls more than 200 points as further signs of slowing Chinese growth spark fears among investors. Stock markets have fallen further into the red in afternoon trading as fears over slowing Chinese growth gathered strength. The FTSE 100 fell 209 points, or 3.3%, to 6,039, after US markets tumbled on the open, following fresh economic data showing China’s manufacturing sector was contracting. The Dow Jones fell 2.2% and the S&P 500 was down 1.9%, while eurozone markets were also deep in the red. The French CAC 40 dropped 2.9%, the German DAX was down 2.6%, Spain’s Ibex fell 2.3% and Italy’s FTSE MIB lost 2.3%. READ MORE >>>
[Source: citywire.co.uk - by Daniel Grote, Dylan Lobo on Sep 01, 2015]
