Vodafone continues to drive down FTSE

Not content with upsetting the markets on Friday, Vodafone has pushed the UK's main index down further this morning on the back of negative news last Friday, the global markets reflect fears that the economic slowdown may not be as healthy as we might have expected. The FTSE 100 index fell another 3.4 points or 0.1% to 5383.7 as the market continued to respond to Vodafone's reduced spending on new mobile phones. ARM stocks climbed 17p or 8.5% to 218p, having delivered some good news that its second-quarter profits rose 23%. The news is not so good in the US either as stocks continue...