Wall Street slows FTSE fall

The London market was dragged lower today by hefty falls from steel group Corus and telecoms firm Cable & Wireless.

Wall Street slows FTSE fall

The London market was dragged lower today by hefty falls from steel group Corus and telecoms firm Cable & Wireless.

By the close of trading the FTSE 100 Index was down 55.6 points at 4029.4 after the two stocks slumped following dismal trading updates.

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