SHARE values slumped on the Dow Jones index in New York last night raising fears for the direction of European markets, including the ISEQ, when trading resumes this morning. The fall of 98.81 points mostly towards the end of trading followed a fall of over 70 points in Wednesday trading and may be, in part, the result of a more considered correction in the aftermath of comments by Federal reserve chairman, Mr Alan Greenspan last week.

Earlier yesterday, the Dublin market settled into holiday mode, with most investors staying away. In thin trading the ISEQ index fell 9.69 points to 2,655.36. European stocks were dragged down in late trading by a volatile Wall Street which quickly shed early gains. Page 2