FTSE down on Bernanke warning

Banks Barclays and Royal Bank of Scotland failed to pick up throughout the day and fell 27.25 and 23.00 by the close of play. However, there was positive news from the miners which helped prevent an even greater FTSE fall. Rio Tinto was top of the pile with a powerful 21.75% rise (up 946.00) following a bid approach from BHP. Anglo American was up 474.00 while Xstrata rose 348.00. The Dow Jones opened down as a result of a warning from Federal Reserve chairman Ben Bernanke that the US economy will slow towards the end of the year. The index is down 24 points at 13,275 while the Nasdaq f...