
FTSE 100 The index of leading shares opened down 1.3pc on Friday. Spain's IBEX index opened down 1.9pc, Germany's DAX 1.pc, and France's CAC 1.3pc. Earlier, major markets in Asia tumbled as worries about the strength of the global recovery resurfaced. Japan's benchmark Nikkei 225 lost 2.9pc, China's Shanghai Composite Index fell 1.9pc, and Hong Kong's Hang Seng 3.3pc. Related Articles Business Bullet: Feb 5 AM Markets in turmoil as euro fears spiral Fears of 'Lehman-style' tsunami as crisis hits Spain Ireland downgraded as world markets fall FTSE 100 slumps as Lehman bankruptcy sparks fear Traders eye Taylor Wimpey as London slides on recession fears Elsewhere in Asia, South Korea's Kospi was off 3pc, Taiwan's Taiex dived 4.3pc, and Sydney's S&P-ASX 200 slid 2.3pc. Oil prices slipped to around $73 a barrel, adding to a big slide overnight, while the dollar continued to gain against the euro, which was at its lowest since May. In the US on Thursday, the Dow Jones industrial average closed down 268.
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