By Mark Duell Last updated at 5:22 PM on 23rd September 2011 World financial markets went into freefall today with Wall Street on track for its worst weekly losses in three years - despite pledges from leading economies to stabilise the crisis. Just after Wall Street opened today, the Dow Jones was down 36, or 0.3 per cent, at 10,698; the S&P was down 3 points, or 0.2 per cent, at 1,127; and the Nasdaq was down 2, or 0.1 per cent, at 2,454. In Europe, London's FTSE 100 plunged below the important 5,000 mark by lunchtime as it dropped by 1.3 per cent to 4,977, while France's CAC-40 and Germany's DAX were both down 0.9 per cent.
@highlight
All three Wall Street markets open down again after big falls on Thursday
@highlight
London's FTSE 100 drops below the important 5,000 mark
@highlight
South Korea in banking chaos as market plunges 5.7 per cent overnight
@highlight
French and German markets fall amid uncertainty over Greek debt
@highlight
Dow tumbles 500 yesterday to year-low before slight rebound at close
@highlight
Investor George Soros says U.S. economy already into double-dip recession
@highlight
Majority of Americans say Obama is at fault for U.S. economic woes
The @placeholder finally scraped back up and closed on 5,066.81, up by 25.20 points compared with yesterday.