Markets rocked by eurozone contagion fears

In London the index of 100 leading shares was down 1.97% at 5,839.57 by 9am. At the same time across Europe the German Dax had plummeted 2.18% to 7,072.39. The French Cac 40 was down 1.93% to 3,733.90. Across the Atlantic, the US the Dow Jones closed down 1.2% at 12,505.76, having dropped 151.44 points. In Asia, Japan's main Nikkei share index was down 1.5%, while Hong Kong's Hang Seng was 2% lower. The declines came after European stock markets fell heavily on Monday, especially in Italy, where the market in Milan lost 4%. On Monday, eurozone finance ministers conceded Greec...