P505 Teletext 505 Oct 2 21:04:10    ———————  ————————————————  MARKETS ARE SENT REELING Concern over the outlook for the global economy weighed heavily on markets as European bourses sank to 1997 levels. Shares in the Swiss bank UBS slipped after news of top-level resignations over huge hedge-fund related losses. Frankfurt trading was dominated by a sharp fall in industrial group Daimler Benz. This followed a 2.7% decline on the Dow Jones and falls in Latin American markets. ——————————————————————————————————————— Share index 510 Market report 517 I.T.JOBS? - CONTRACT OR PERMANENT see p631 Next FTSE Popshares Company News