FTSE continues to slide

Admiral added 76.5 points (10.83%) to 783p, while ICAP gained 36.75 points (8.8%) to 454.5 pence per share. Wolsley dropped 18p (6.2%) to 272.25p, while Xstrata shares fell 182p (4.89%) to £35.38. On Wall Street, markets climbed in early trading after some positive profit reports, with the Dow Jones up 100.39 points (0.92%) 11,062.93. General Motors shares shot up 1.42 (14.41%) to 11.26, followed by Bank of America, which added 1.61 points (8.69%) $20.13. Exxon Mobil shares fell 2.64 (3.21%) to $79.55, while Chevron dropped 2.42 (2.71%) to $87.00. If you would like to comment on this s...