FTSE 100

Shares in BG Group have slumped 19% this morning after the oil and gas giant said it does not expect any production growth next year.

Mining stocks and oil giant BP provided a lift for London's FTSE 100 today as a huge storm hit the eastern United States, keeping Wall Street closed for a second day.

BP has raised its dividend by 12.5% to 9c a share, but reported a fall in profits in the third quarter.

Hargreaves Lansdown is topping the list of fallers on the FTSE 100 today after analysts at Citi marked the stock as a 'sell' over RDR fears.

EQUITY INCOME

Investors across Europe and the US are in flight-mode this afternoon, with US markets opening sharply lower as the weak corporate earnings season continues to plague sentiment.

European equities are failing to bounce back from yesterday's falls this morning as poor earnings and macro concerns hit home.

PASSIVES

The bull run in UK mid caps could be coming to an end, with multi-managers starting to sell down top-performing funds in the sector and growth fears threatening consumer facing names.

The FTSE 100 made marginal gains this morning as investors look through a tough session on Wall Street Friday, and a mixed day in Asia, to focus on an expected improvement in economic data later this week.