FTSE down more than 1%

The FTSE 100 Index tumbled more than 1% today amid heavy falls for mining companies and medical devices maker Smith & Nephew.

FTSE down more than 1%

The FTSE 100 Index tumbled more than 1% today amid heavy falls for mining companies and medical devices maker Smith & Nephew.

Renewed fears about the possibility of another interest rate rise in the United States added to the negative sentiment and left the Footsie 71 points lower at 6033.3 by mid-morning.

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