Morning Markets: Greenspan gloom drags FTSE down

The UK market's mood was dampened by comments yesterday from Greenspan that the US is "far from being out of the woods". Jim Rogers, commodities fund manager and former colleague of hedge fund manager George Soros, added to the gloom by saying China and India could not carry a global economic recovery alone. On the FTSE, Eurasian Natural Resources dropped 3.2% to £12.1p; Xstrata was down 3.1%, at £12.73; and Kazakhmys was also off 3.1%, at £15.54. Investors had already taken profits yesterday on major metal and oil producers including BHP Billiton and Cairn Energy. British Airwa...