Techs and oil hold Footsie back

The FTSE 100 Index clung on above the 4800 mark today as negative sentiment towards blue-chip shares spilled over to the UK from Wall Street.

Techs and oil hold Footsie back

The FTSE 100 Index clung on above the 4800 mark today as negative sentiment towards blue-chip shares spilled over to the UK from Wall Street.

The sight of oil giant BP being downgraded added to the gloom in the trading ring as the Footsie closed 17.5 points lower at 4800.8 – its third reverse in a row.

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