FTSE100 dips below 5,000 as Dow slides

The fall hit other stock markets around the world as the fallout of Lehman Brothers’ collapse continues to rock global trading. The FTSE 100 index of leading shares fell as US trading began after making a slight recovery earlier on Wednesday, and has now dipped below 5,000 points. Shortly after 4pm BST, the Dow Jones fell 2.17% to 10,819.32, while the FTSE 100 was down 1.13% to 4,968.9. Stock markets in Europe were also hit, while the Russian stock exchange has been suspended The slide in US stock prices comes despite the Government stepping in to save ailing insurer AIG with an $85bn r...