FTSE 100 falls into correction territory amid global economy fears

Britain’s blue-chip index hit a new seven-month low of 6,359 points, which is more than 10% from its record closing high of 7,1104 points in April Britain’s blue-chip index of leading shares has fallen into correction territory as fears over the global economy hit European stock markets again. The FTSE 100 index hit a new seven-month low of 6,359 points on Thursday morning, from 6,403 on Wednesday night