FTSE pushed down by US reports

The fall-out from a disappointing week for US earnings reports pushed the FTSE 100 Index back below the 4,800 mark today.

FTSE pushed down by US reports
Fri, 21 Jan, 2005 - 11:30

The fall-out from a disappointing week for US earnings reports pushed the FTSE 100 Index back below the 4,800 mark today.

Nervous investors overlooked strong earnings from banking giant Citigroup and instead reacted to lacklustre figures from the technology sector, particularly the weaker-than-expected performance from eBay on Wednesday night.

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