Shares tumble across globe as figures reveal U.S. economy shrank 6% in last quarter - the fastest rate in 25 years

Daily Mail
"Shares across the world plummeted today after news the U.S. economy contracted a staggering 6.2 per cent at the end of last year.The Commerce Department report showed the biggest GDP drop in 25 years and far worse than the 3.8 per cent estimated by the government last month.Consequently, London's FTSE 100 index plunged 127.35 points to 3,788.29 and America's Dow Jones fell 132.45 points to 7,049.63."