London is off this morning as investors again seek the shelter of defensive stocks following yesterda...
London is off this morning as investors again seek the shelter of defensive stocks following yesterday's poor performance in New York - the FTSE is off about 61 points at 5,106. Big financials, retailing, gas distribution, and the strongest private broadcaster are all looking attractive today, while technology, general media and engineering are doing badly. In New York yesterday, the Dow Jones Industrial Average shed 220.17 points to close at 9,687.09, while the Nasdaq Composite dropped 55.71 points to 1,855.53. In Tokyo this morning the Nikkei 225 index lost 156.33 points to ...
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