FTSE dragged down by weak oil prices

London’s leading shares lost 2% today as weaker oil prices and fresh fears over the US economy rocked investors.

FTSE dragged down by weak oil prices
Tue, 24 Jul, 2007 - 19:02

London’s leading shares lost 2% today as weaker oil prices and fresh fears over the US economy rocked investors.

The FTSE 100 Index plummeted through the 6,500 barrier, falling 125.7 points to 6498.7 – its lowest close since May.

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