FTSE and Dax have slow start after Wall Street drop

Man Group leads the pack in the UK, gaining 20 (5.65%) to 374, while Vodafone added 3.95 (3.83%) to 106.95p. Rolls-Royce Group, Alliance Trust and Unilever have also made early gains. However, resources companies are lagging. Antofagasta has plunged 10.57% (30.5) to 258p, while Rio Tinto and Lonmin have tumbled 7.24% and 7.06% respectively. In Frankfurt, the Dax has fallen 74.23 points (1.62%) to 4496.84. However, Nestle’s revised forecast for full-year revenue growth helped bolster the index, as it reported a 3.4% rise in nine moth sales to 81.36bn Swiss Francs. Bayer is currently to...