FTSE tumbles after poor US jobs data

The UK's leading share index was 49.6 points, or 0.87%, lower at 10.20am, following the US non-farm payrolls data that failed to meet expectations. Figures from the US Bureau of Labor Statistics released while equity markets were closed on Friday showed a gain of 120,000 jobs in March, just over half the consensus figure. That prompted a sell-off in yesterday's trading, with the S&P 500 closing down 1.1% at 1,382. Asian markets continued the fall overnight, with the Hang Seng dropping 1.2% to 20,356. The Nikkei traded flat on the day, down 0.1% to 9,538. In the UK, the FTSE was led...