Heavy losses sweep world markets
The world's markets are being watched closely
Shares on Wall Street have mirrored losses elsewhere, as uncertainty over the impact of turmoil in the US sub-prime lending market persisted.
The Dow Jones index of top US shares opened 1.2% lower, while the Nasdaq shed 1.1% in the first hour of trading.
And as concern about the state of world credit markets continued, London's FTSE 100 dived below 6,000 points.
The falls came despite the Federal Reserve pumping an extra $17bn ($8.6bn) into the US banking system.
Central banks have been taking such action to try and restore confidence and avoid a credit squeeze.
In the past week, the Fed has injected $88bn (£44.3bn), while the European Central Bank has put up 211bn euros ($283.2bn; £142.6bn).
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