In London, markets fell as concerns persisted about the effects a recession might have on corporate profits, and the FTSE 100 dropped 121 points (2.15%) to 5,499.7.
British Energy shares climbed 3.5p (0.48%) to 735.5p, while BAE Systems added 2.25p (0.47%) to 485.25. Ferrezpo shares plummeted 38.5p (15.42%) to 211.25p, while Enterprise Inns fell 27p (8.27%) to 280.25p after a rival said it would not pay dividends this year. On Wall Street, markets wavered in early trading as oil prices eased, but economic concerns also weighed on investors minds, with the Dow Jones down just 0.65 points (0.01%) to 11,516.27 by mid-morning. Home Depot shares climbed 0.99 (3.53%) to $29.06, while the fall in oil prices helped General Motors, who added 0.23 (2.16%) to ...
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