More misery for FTSE

Fresh gloom over the US economy and fears among retailers over Christmas trading saw London's blue chips slump nearly 2% today.

More misery for FTSE
Mon, 17 Dec, 2007 - 17:21

Fresh gloom over the US economy and fears among retailers over Christmas trading saw London's blue chips slump nearly 2% today.

The FTSE 100 Index fell 119.2 points to 6277.8 after early losses on Wall Street amid warnings from former US Federal Reserve chairman Alan Greenspan over rising inflation and slowing economic growth.

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