The FTSE 100 retreated for the first time in seven days this morning as financial stocks fell out of favour.
London's blue chip index was down more than 21 points, or 0.48%, to 4,460, led by the London Stock Exchange Group, which goes ex-dividend today. Barclays, Man Group and Standard Life were also bottom five performers this morning, down 2.2% to £3.03, 1.7% to £2.75 and 1.59% to £1.92 respectively. In the US, the Dow Jones closed up 67.8 points, 0.77%, at 8,915, despite a sudden drop earlier in the day sparked by comments from Federal Reserve chairman Ben Bernanke about the prospects of a US economic recovery. However, better-than-expected Q2 results from mining equipment producer Cat...
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