FTSE100 into 'bear market' as stocks plummet

London’s blue-chip index this morning dipped more than 20% below its 6730.70 peak, the typical bear market gauge. Most of the negative sentiment surrounds the British Chambers of Commerce’s Q2 economic survey, which showed the UK is on the brink of recession. No stocks are currently in the black so far, with the London Stock Exchange Group 8.66% lower to 659.50 and Kingfisher 5.80% behind to 92.60. In New York, a Friday break for Independence Day brought little joy for the Dow Jones IA, closing Monday 56.58 points (0.5%) lower to 11231.96. San Francisco Federal Reserve Bank presiden...