LIVE: FTSE opens 3.5% down as global markets panic
Panic spread to Asia after the Dow Jones suffered record losses on Monday, but sharp falls in Europe are now levelling out.
Key points:
- The Dow Jones suffered the worst fall in its 122-year history
- It plunged wiping out all its 2018 gains on Monday
- The FTSE 100 opened at 3.5% down, but early trading has it up to 1.8%
- Panic spread to Asia overnight, with Japan's Nikkei 225 share index falling by 4.7%
- The nosedives mean $4tn has been wiped off, eight days after record high values
https://news.sky.com/story/live-euro...rkets-11238524