FTSE down slightly

The London market slumped into negative territory today in response to a poor opening on Wall Street after more bad news on the US housing market.

FTSE down slightly
Wed, 24 Oct, 2007 - 18:21

The London market slumped into negative territory today in response to a poor opening on Wall Street after more bad news on the US housing market.

The FTSE 100 Index closed 32 points down at 6482, reversing gains made earlier in the day.

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