FTSE heads for bear market territory with another 2% fall

FTSE heads for bear market territory with another 2% fall
Leading shares are heading rapidly into bear market territory, with the FTSE 100 now down more than 17% from its recent peak in the middle of April. By most definitions, a bear market is underway when an index falls by 20%. With Barclays heading the fallers, the FTSE 100 today lost another 111.12 points to 4805.75. It is now at its lowest level since September 3 last year and has dropped nearly …

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