US gloom depresses Footsie

The FTSE 100 fell into a sharp decline as US markets opened weaker on Wall Street today. The FTSE 100 finished the day down 84.9 points to 5332.7. Spirent was the worst performer today amongst the FTSE 100. The stock lost 24.75p to 115.5p. The telecom equipment manufacturer admitted it lost 28.47p per share in the six months to June 30, compared with a profit of 2.22p a share in the same period a year earlier. The group also warned that its spiraling sales are likely to result in a fall a fall in full-year profit. Rentokil was the day's top performer amongst the FTSE 100 ...