FTSE stays down while Dow rallies

Drug group Shire continued its fall today after an analyst downgraded its recommendation to ‘under perform’, dropping 49.5 points, or 5%, to 940.5p. Meanwhie, Taylor Wimpey fell 10 points, or 5.17%, to 183.4p and Persimmon dropped 36 points, or 4.36%, to 790p. London Stock Exchange Group led today’s winners, rising 39 points, or 2.25% to 1770p. Johnson Matthey rose 35 points, or 1.99%, to 1797p. The Dow Jones rose 84.46 points, or 0.69%, to 12291.63c as American International Group rose 1.53 points, or 2.87%, to 54.75c. American Express recovered from Friday afternoon’s drop, rising ...