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FTSE 100 plunges into correction after losing £152bn this week - business live

Rolling coverage of the latest economic and financial news, as markets around the world are spooked by the coronavirus crisis

Today markets are pretty grim -- as the worst week since 2011 grinds on.

European stock markets also had a grim day, with the Stoxx 600 closing 3.6% down at 389.89 points.

That, I reckon, puts it JUST into a correction -- down just over 10% from its peak last month.

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