The FTSE 100 has again slipped into negative territory, quickly erasing a higher start as investors seem to think it too early to call an end to the downtrend for equities, despite four days of heavy selling.
The index is currently trading down 29.6 points at 5,811.7. It had risen to 5,855.3 points in early trading. Markets have been hit over recent days on concerns about dollar weakness, which affects earnings of companies with a large portion of their sales in the world's biggest economy, the direction of interest rates and inflation. Miners continued to be among the hardest hit, with Antofagasta down 80p, or 3.52% to 2193p and Anglo American down 63p, or 2.76%, to 2219p leading the decline. Commodity stocks have been among the major gainers during the market's recent run-up to 5-year high...
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