FTSE down as banks fall back

The FTSE 100 dipped 31.39 points (0.59%) to 5,281.61, with financials the biggest losers. Standard Chartered shares fell 4% to £15.07, with RBS shares down 2.2% to 34p and Lloyds down 3.9% to 53p. Mining and energy stocks saw the biggest gains, with Eurasian up 1.69% to 930p while Rio Tinto added 1% to £32.15%. On Wall Street, shares took a sharp dip in late trading yesterday as investors braced themselves for the latest unemployment figures. American Express was the biggest loser, down 5.29% to $38.87, while Alcoa followed, down 2.71% to $13.27.