FTSE loses more ground after global sell-off

By 11.30 GMT, London's blue chip index was almost 22 points lower at 5,134, a drop of 0.4%. Yesterday, the FTSE closed down 78.89 points at 5,155.95 while yields on safe-haven long-term Government bonds fell to the lowest on record at 2.876%. Markets were hit around the globe with Japan's Nikkei down 1.3%, crashing below the 9,000 barrier for the first time in 15 months. Poor housing sales data from the US also pushed the Dow 1.3% lower at 10,040.45. Investors will be hoping the FTSE can withstand further pressures this afternoon and stave off larger losses. Winners in ear...