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FT Alphaville
Markets Live- transcript
Paul Murphy and Neil Hume on the FTSE’s losses amid a sell off for financial stocks and miners
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Principal content
Wall Street falls as oil hits new highs
US stocks were lower as steep losses at insurer American International Group fuelled credit concerns and the soaring price of oil raised inflation worries
Dollar under pressure as oil advances
Stock market falls boost yen
Weak financials drag on FTSE
Record loss from AIG unsettles sector
Heavyweights tip Europe lower
Sanofi-Aventis down on generic competition fears
Asian stocks sink on subprime concerns
Toyota and Olympus also weigh on market
Bankruptcies and defaults gather pace
28 ‘entities’ defaulted in North America
Call options bet on oil hitting $200
Opec blames dollar for surge in prices
IMF warns on global inflation
Food and energy prices spur concern
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