FTSE sinks on eurozone debt jitters

Laura Miller
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The FTSE 100 fell below 5,000 in midday trade Friday as fears about the sovereign debt crisis and stricter financial regulations persist.

Shortly after 12pm, the index was down 78 points, or 1.55%, to 4,993.33. In the third straight day of falls, volatile trading saw the index extend its recent losses and briefly touch a seven-mo...

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