FTSE slides towards another loss

The FTSE 100 Index was heading towards its eighth consecutive session of losses today after sliding below the key 4400 barrier.

Tue, 06 Jul, 2004 - 12:40

The FTSE 100 Index was heading towards its eighth consecutive session of losses today after sliding below the key 4400 barrier.

Rising oil prices and prospects for higher interest rates were unsettling investors as the Footsie moved 17.6 points lower to 4385.7 by mid-morning.

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