Pick of the early market news

Big hits were taken by most stock markets - the Dow Jones excepted - yesterday. The FTSE 100 sank 1.15% lower to 5,742 points with Barclays (down -4.66%) and Aviva (down -3.42%) the biggest fallers.

The German Dax fell further to -1.77% while the French Cac 40 fell -1.43%. Overnight, Asia had a mixed Friday with the Nikkei Stock Average losing 0.5%.