Footsie edges towards 4,000 mark

Investors were again struggling to find positive news to lift the mood in London today as the FTSE 100 Index edged closer to the 4000 barrier.

Investors were again struggling to find positive news to lift the mood in London today as the FTSE 100 Index edged closer to the 4000 barrier.

With the US Federal Reserve failing to deliver the hefty half-point interest rate cut that many experts had been looking for, the Footsie slipped 19.1 points to 4048.8 at lunchtime.

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