Quote:European stock markets hit two-and-a-half year low after a savage sell-off in Asia, as investors flock to safe-have assets following Yellen's Congressional testimonymore at the source: http://www.telegraph.co.uk/finance/econo...-live.html
Markets at midday: Europe hits two-and-a-half year low
European bourses were pounded by midday, lead lower by banks and miners.
Frankfurt's DAX tumbled 2.8pc, the CAC in Paris is off by 3.9pc and the FTSE is 2.3pc lower.
The Spanish IBEX has plunged by more than 4pc.