World stocks took another dive on Friday despite early attempts at a rebound in Europe while currency dealers drove the Japanese yen to a 14-month high against the dollar, throwing out risky leverage. Wall Street looked set for a weak opening. "Everyone's still scared and many people want to cash out in the short term," said Alex Huang, vice president at Mega Securities in Taiwan.Europe's FTSEurofirst 300 was down 0.5 percent in roller-coaster trading. It tumbled at the start of the day then rose into positive territory before turning again.
Britain's FTSE 100 was down 0.3 percent, Germany's DAX was down 0.5 percent and France's CAC 40 fell 0.4 percent.
Earlier, Japan's Nikkei plummeted more than 5 percent to post its biggest one-day percentage loss in nearly six years. The benchmark fell 874.81 points, or 5.42 percent, to end at 15,273.68, the lowest since August 7, 2006.
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