FTSE continues downward curve

Cable & Wireless has fallen 1.5p to 130.25p, along with Reed Elsevier, down 5.5p to 530p after the telecoms firm reported it found 59 incidents whereby people may have fraudulently attained personal identifying information from its US risk management databases. High street retailer Marks & Spencer, meanwhile, has climbed 11.5p to 352.5p, despite reporting a drop in sales for the sixth straight quarter. In Tokyo today, the Nikkei 225 Stock Average lost 0.6% to 11,670.30 at its 3pm close, as crude oil prices turned things around from a five-week low, adding to concern higher fuel costs wi...