FTSE 5% down as Dow again under 9,000

At 3.45pm, London’s blue chip index was 233.47 points lower, or 5.15%, to 4,297.26. The Man Group and miners are at the forefront of the losses, with the hedge fund plummeting 32.57%. Vedanta is 15.69% behind and Eurasian is down 13.65%. Old Mutual leads the risers after its better than expected nine month results released this morning, currently 7.28% ahead. In New York, the Dow Jones has once again dived under 9000 as more bleak economic data filters through. The Dow is currently 191.39 points behind, or 2.09%, to 8,947.88. Contact: Hysni Kaso 0207 484 9793 [email protected]...