Re: Watch Out
from BBC website:
Wall Street has lost more than 20% of its value in the past ten trading days and is heading for one of its biggest weekly falls since the Dow was created 112 years ago.
Meanwhile, the UK's FTSE closed down 381.7 points lower at 3,932, wiping £91.2bn off the value of the largest UK shares.
The index has fallen 21% this week - the second-biggest fall in the FTSE 100.
The largest single day fall in the FTSE 100 was on 23 October 1987 - coined Black Monday - when the index lost 28.23%.