Footsie down on bleak news in US

Worse-than-expected economic news from across the Atlantic prompted a sell-off of London shares today.

Footsie down on bleak news in US
Wed, 12 Jan, 2005 - 17:29

Worse-than-expected economic news from across the Atlantic prompted a sell-off of London shares today.

The FTSE 100 Index dipped below the 4800 barrier for the first time this year, leading one market watcher to suggest the recent rally that has taken it to 30-month highs could be over.

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