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Posted by  in GE General

Market opening: The FTSE-100 was trading 84-points lower at 8:08 this morning.

New York: Wall Street slumped on Monday, halting a two-day rebound, as crude oil resumed a sell-off dragging energy share lower. The Dow Jones fell 208 points, or 1.29%, to 15,885, the S&P lost 30 points, or 1.56%, to 1,877 and the Nasdaq dropped 73 points, or 1.58%, to 4,518.

UK small caps: The FTSE AIM All-Share index closed 0.24% higher yesterday at 688.81.

Chinese shares fall sharply Chinese markets fell sharply overnight amid traders concerns over oil prices, and despite an injection of liquidity into the mainland market by the central bank. The Shanghai Composite index closed down 6.42% at 2,749.79. In Hong Kong the Hang Seng lost 2.4% to stand at 18,879.44. Elsewhere, Asian markets followed US shares downwards as further declines in the oil price continued to unnerve investors.