Gloomy mood on London Stock Exchange

The Footsie index of 100 leading blue-chip stocks is off 7.1 points after an hour's trading to stand at 5410.5.

Gloomy mood on London Stock Exchange

The Footsie index of 100 leading blue-chip stocks is off 7.1 points after an hour's trading to stand at 5410.5.

The London market is suffering another gloomy session following more bad news from the US and a statement from telecoms equipment firm Spirent that the slowdown will depress second-half performance.

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