Poor afternoon for FTSE

London shares saw a sharp downturn during afternoon trading after lower-than-expected US retail sales figures led to a tumble in the US markets at the start of the day’s trade.

Poor afternoon for FTSE

London shares saw a sharp downturn during afternoon trading after lower-than-expected US retail sales figures led to a tumble in the US markets at the start of the day’s trade.

The FTSE 100 Index closed down 72.1 points at 6161.2 with only a handful of stocks managing to keep hold of gains from earlier in the session.

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