A late decline on Wall Street has translated into a sluggish start for London markets this morning, with the FTSE100 currently down 48.10 points (0.85%) to 5618.
The London Stock Exchange Group is bearing the brunt of the losses after revealing plans for a pan-European trading platform with Lehman Brothers. LSE has lost 8.25% to 873.50 so far. News giant Thompson Reuters is also sharply lower, 5.35% down to 1362; while Barclays is leading some big losses for banks, 4% behind to 317.75. A slight rebound in metals prices has allowed miners to claw back some of yesterday's losses, with Anglo American 1.95% higher to 3349 and Antofagasta 0.92% ahead to 659. In New York, Wall Street remained steady on Wednesday despite a late dip on news the Federal R...
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