FTSE optimism fades fast

Early optimism surrounding America’s hefty interest rate cut faded fast today as stock market attentions turned to the mounting economic gloom.

FTSE optimism fades fast
Wed, 17 Dec, 2008 - 18:17

Early optimism surrounding America’s hefty interest rate cut faded fast today as stock market attentions turned to the mounting economic gloom.

London’s FTSE 100 Index struggled to make headway, ahead 15.1 points at 4324.2, while indices across Europe fell into the red.

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