Morning Markets: Repercussions from Wall St push FTSE down

The FTSE 100 has slipped 12.59 points (0.30%) to 4,174.41 this morning after a rocky day on Wall Street which saw the Dow Jones shed triple-digit losses of 161 points (1.94%) closing at 8163.60 points.

Tullow Oil is an early loser after announcing its interim revenue is likely to fall 23% following a 16% drop in output and lower commodity prices. The stock is down 3.82% to £8.56. Low oil prices have also hit Petrofac this morning which has shed 2.65% to hit £6.42. A mixed bag make up the remaining bottom five with Legal and General down 1.93% to 53.45p, ICAP down 1.77% to £4.42 and British Land down 1.72% to £3.71. However, Rio Tinto is leading miners in support of the FTSE this morning and is up 2.01% to £19.58. Randgold Resources, BHP Billiton and Antofagasta follow Ri...