FTSE up slightly

The London market held firm today despite sharp falls on Wall Street amid grim US housing and employment news.

Wed, 25 Feb, 2009 - 18:42

The London market held firm today despite sharp falls on Wall Street amid grim US housing and employment news.

Recent gains for the Dow Jones Industrial Average melted away in an early sell-off after official figures showed a shock 5.3% drop in US home sales in January, but the FTSE 100 Index stayed in the black, closing up 32.5 points at 3848.9.

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