Blue-chips stabilise after sell-off over growth worries The FTSE 100 edged up 17 points in early deals after tumbling 93.27 points yesterday, dragged lower by the Dow Jones Industrial Average, which dropped more than 300 points last night. The mid-cap FTSE 250 dipped 6 points this morning. "Equity markets quite literally fell off a cliff yesterday and volatility spiked as investors hit the panic button sending the Dow into a tail spin," said Angus Campbell, head of market analysis at Capital Spreads. Meanwhile, Chemring shares remained under pressure after US private equity firm Carlyle pulled out of bid talks yesterday. The defence equipment group fell a further 7.1pc today, following a 4.8pc slide on Wednesday. Credit Suisse reckons there is only a "slim chance of other bids in the short term." Back among the blue-chips, miner Eurasian Natural Resources Corporation was the heaviest faller after posting a decline in nine-month revenues. The shares lost 3.2pc. Elsewhere, supermarket group Wm Morrison also dipped 0.5pc as the group reported a worsening decline in sales.