Blue chip stocks fell this morning on fears that data will show US economic growth slowed in the second quarter.
The FTSE 100 was down 0.18% to 5,146.44 points led by Tullow Oil and BP losing 3.44% and 2.17% respectively. This follows yesterday's gains on the index, when a commodity rally resulted in the FTSE closing 0.9% higher. A Washington report released later today is expected to show economic growth in the US slowed to 1.4% in the second quarter. Last month it was forecast to be around 2.4%. Making gains in the FTSE this morning were Experian, up 1.78%, and National Grid, up 1.30%. Transpower, National Grid's operator, recently announced it expects to restart paying dividends in the 201...
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