Morning markets: Intercontinental Hotels slips in early trading
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Intercontinental Hotels Group was the biggest faller as the FTSE 100 retreated in early trading.
The Holiday Inn owner saw its share price fall by 2.6% (at 0805 GMT) to 1,322p, as the FTSE 100 dropped lower after a strong performance in the previous session.
Intercontinental was joined at the bottom by steelmaker Evraz, which saw its share price fall by 2.2% to 447.3p, while microchip manufacturer Arm Holdings slipped 2% to 586p.
Miners Rio Tinto and Antofagasta both dropped, down 1.6% to 3,830p and 1.5% to 1,369p, respectively.
The biggest riser early on (at 0804 GMT) was Man Group, up 1.1% to 119.6p. It was joined at the top by supermarket giant Tesco, which climbed 0.6% to 325p.
Imperial Tobacco Group increased by 0.4% to 2,261p, Financial Times publisher Pearson rose 0.3% to 1,180p and International Power climbed 0.2% higher to 329.8p.
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