FTSE drops into red

The FTSE 100 Index dropped back into negative territory after more volatile trading today as persistent US recession fears held back a London recovery.

FTSE drops into red
Wed, 23 Jan, 2008 - 19:41

The FTSE 100 Index dropped back into negative territory after more volatile trading today as persistent US recession fears held back a London recovery.

Yesterday’s rate cut from the US Federal Reserve gave the Footsie early momentum with a 100-point gain early on.

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