FTSE rallies on back of US confidence

The London market recovered some of its earlier losses today as a fall in US consumer confidence allayed fears of US rate rises.

Tue, 22 Feb, 2005 - 18:50

The London market recovered some of its earlier losses today as a fall in US consumer confidence allayed fears of US rate rises.

The FTSE 100 Index rebounded from an earlier 47.6 point loss to close 27.9 points adrift at 5032.9.

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