Morning Markets: Dow dive flattens early FTSE

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The FTSE 100 has fallen sharply this morning following a strong dive on Wall Street last night, drop...

The FTSE 100 has fallen sharply this morning following a strong dive on Wall Street last night, dropping 41.20 points or 0.93% to 4375.03 by 8:30am. Financials are among the largest losers so far, with hedge fund manager Man Group seeing the biggest fall, plunging 10.50% to 224.50p. Man's pre-tax profit slumped to $743m from $2.08bn last year. Insurer Prudential also saw a fall of 3.14% to 424.50p. Mining company Fresnillo is the morning's biggest winner, currently 1.4% higher at 688.50p. Property company Liberty International climbed 1.07% to 3454.75p. On Wall Street, the Dow Jones...

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