FTSE plunges on severe rise in US job losses

At 1.57pm, the index was trading at 5,351.41, a fall of 48.54 points from its trading level prior to the announcement, wiping out all of the day's gains. Intraday, it is now down 0.27% or 14.37 points. European indices also fell, Germany's Dax down 0.55% to 6,298.94 and France's CAC 40 shedding 0.67% to 3,738.95. In addition, the US dollar fell 0.28% against sterling, to $1.5935. It also plummeted to an eight-month low against the yen, falling to 85.49, from around 86 before the data. The euro rose to $1.3210, from around $1.3180. The 131,000 fall marks the second month in a row th...