London market fails to rally

Hopes of a sustained rally by London shares disappeared today as concerns over the strength of the United States economy returned to haunt investors.

London market fails to rally
Wed, 24 Nov, 2004 - 17:33

Hopes of a sustained rally by London shares disappeared today as concerns over the strength of the United States economy returned to haunt investors.

The FTSE 100 Index faced a wave of afternoon selling as US unemployment and consumer confidence data failed to impress on both sides of the Atlantic.

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