Decent gains for FTSE

The London market held firm above the 6700 barrier today as hopes of a cut in US interest rates offset falls in the housebuilding sector.

Decent gains for FTSE

The London market held firm above the 6700 barrier today as hopes of a cut in US interest rates offset falls in the housebuilding sector.

The FTSE 100 Index closed 44.7 points up at 6706 as early gains on Wall Street amid rate cut speculation buoyed investor spirits.

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