DEBORAH MARCHINI, CNN ANCHOR: We're going to get another check now of the European markets, which are accelerating their sell-off at this hour.</s>DAVID HAFFENREFFER, CNN ANCHOR: And Todd Benjamin has that for us -- Todd.</s>TODD BENJAMIN, CNN CORRESPONDENT: They are accelerating their sell-off. They are off their worst levels for the day, but the last time we talked, they were in a little better shape, and as we've seen the futures market in the U.S. sort of come off its best levels of the day, these markets are also coming off their best levels. Right now, the FTSE's off about four percent; the Dax in Frankfurt is off 3.3 percent; Paris is off three percent and Zurich is off 3.3 percent. In the currency market, the dollar is about a yen lower against the Japanese currency following the G-7 meeting and fears that overseas investors won't be buying U.S. stocks because of the big sell-off we've seen. Back to you in New York.</s>MARCHINI: All right, Todd, and thanks for the coverage. Search CNN.com CNNSI.com CNNmoney.com The Web
Sell-Off Accelerating in European Markets