In London, an initial rally failed to halt the market turbulence of the past few days and the FTSE 100 was down 73.3 points (1.28%) by mid-morning to 5666.8.
Prudential made the biggest gains in early trading, up 22.5 points (3.64%) to 641p, following reports that Ping An Insurance may buy a stake in the firm. First Group added 15.5 points (2.46%) to 645.5p. Share in ITV made the biggest falls, down 3.2 points (4.34%) to 70.5p, while Antofagasta continued the decline of mining stocks, losing 26 points (4.32%) to 575.5p. On Wall Street, markets suffered a rocky start to the week but did better than expected after the Fed cut interest rates. The Dow Jones lost 128.11 points (1.06%) to 11,971.19. Home Depot shares made a recovery after seve...
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