FTSE falls back after two-day rally

The London market slipped back into the red today as optimism over bank bail-outs gave way to recession fears.

FTSE falls back after two-day rally

The London market slipped back into the red today as optimism over bank bail-outs gave way to recession fears.

Falling oil and metal prices weighed on the FTSE 100 Index, which was 154.9 points – or 3% – lower at 4239.3 by mid-morning after a strong two-day rally.

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