LONDON (AFP) ? Stocks in London and across Europe fell sharply on opening Friday following big losses in Asia and on Wall Street sparked fears of a fresh financial crisis.
The FTSE 100 index of top shares was down over 3.0 percent -- or 191 points -- in early trade at a low of 5,202 points before recovering slightly.
Elsewhere France's Cac 40 index was down nearly 3.0 percent, Germany's Dax dived 3.5 percent, Milan slumped 3.5 percent and Madrid shed 2.4 percent.
Tokyo earlier closed 3.72 percent lower, Sydney slumped 4.0 percent and Taipei dived 5.58 percent.
Traders are nervously awaiting vital US employment figures for July due at 1230 GMT as they mull whether a so-called double-dip recession is in sight.
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