Wall Street gloom overshadows positive UK news on FTSE

The FTSE 100 Index shed more than 2% today as positive news for the UK economy was overshadowed by gloom on Wall Street.

Wall Street gloom overshadows positive UK news on FTSE

The FTSE 100 Index shed more than 2% today as positive news for the UK economy was overshadowed by gloom on Wall Street.

The top flight fell 93.6 points to 4383.4 at the close despite a survey signalling a return to growth for the country’s powerhouse services sector.

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