The FTSE 100 and other major global indices are in sharp decline today on the back of poor US unemployment data.
The Dow Jones slumped 1.43% at 10266.82 in early trading, following news jobless claims rose by 12,000 to 500,000 in the week to 14 August. However, there were some winners including McAfee whose share price rose 57.67% after Intel announced a $7.68bn takeover bid for the security software group. The FTSE has slid 1.65% at 5,215.17, while French CAC is currently down 1.96% and Germany's Dax is 1.66% lower. In London, Inmarsat has been the biggest loser, down 4.69%, following UBS' decision to downgrade its rating. There was better news for chip maker ARM Holdings, which gained ...
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