Financial crisis at-a-glance: 6 Oct

2100: The Dow Jones Industrial Average recovered some of its earlier losses, but still closed down with a loss of 369.88 points, to end at 9,955.5.

1816: Iceland's prime minister says the government has agreed legislation to enable it to have wide-ranging control over banks, including the option to merge them or force them to declare bankruptcy.

1649: The FTSE 100 Index of leading shares closed down 7.85% at 4589 points, a drop of 391 points.

1638: The Cac 40 in Paris closes down 9%, the worst fall in percentage terms since its creation in 1988.

1545: Iceland's government will offer an unlimited guarantee for all deposits in domestic commercial and savings banks and their branches.

1534: Russia's dollar-denominated RTS stock market closes down 19%, its worst one-day fall on record. The index closes at 866.39 points, down 65% from the all-time high reached in May this year.

1530: Chancellor Alistair Darling says the government will do whatever necessary to ensure the stability of the financial system, but stops short of guaranteeing all UK bank savings.

1506: The Federal Reserve acts to boost liquidity in money markets - by making $150bn available for auction on 24-day and 85-day loans.

1435: Trading on Brazil's stock market is suspended half an hour after opening following a 10% fall on the main index.

1430: On Wall Street the Dow Jones opens down 208 points, or 2%, at 10,117.

DOW JONES INDUSTRIAL AVERAGE: 6th October 2008

1350: In the US, the President's Working Group on Financial Markets says it is moving quickly to exercise the new powers it has been given as part of the Wall Street rescue package, saying it will move "with substantial force on a number of fronts".

1315: The Federal Reserve says it will start paying interest on the reserves that banks are forced to deposit with it.

1218: Iceland's stock exchange says it has suspended trading in all financial shares including the major banks Kaupthing, Landsbanki and Glitnir.

1205: Russia's benchmark RTS stock exchange reopens after a one-hour suspension triggered by a 14% share fall. The country's other exchange, the Micex, underwent a similar shutdown earlier in the day after shares slumped 15%.

1145: The FTSE 100 in London is down 5.4%, the Cac 40 in Paris is down 5.9% and the Dax in Frankfurt has dropped 5.4%.

FTSE 100 INDEX: 6th October 2008

1140: New car registrations fall for the fifth consecutive month, down 21.2% in September, the Society of Motor Manufacturers and Traders says. Its chief executive says the car industry is facing the most difficult economic conditions for 17 years.

1134: International Monetary Fund managing director Dominique Strauss-Kahn says Europe needs a collective response to the financial crisis and warns countries not to act alone.

1129: Bank of America says it is ready to spend up to $8.4bn to restructure the troubled mortgage loan portfolio of the mortgage lender Countrywide, which it acquired in July.

1115: Key European markets all sharply lower in morning trading. London's FTSE 100 index and France and Germany's main stock markets have all lost about 6%.

1027: BBC business editor Robert Peston says the German government is not legislating to provide extra protection for savers, despite Chancellor Angela Merkel's commitment at the weekend that no German savers would lose a penny.

0956: Iceland announces part of a plan to hammer out a financial package to shore up its troubled banking sector.