Wall St fall hits FTSE

The FTSE 100 Index was dragged back from a new 10-month high today as a steep fall on Wall Street put an end to London’s winning streak.

Wall St fall hits FTSE
Fri, 14 Aug, 2009 - 18:45

The FTSE 100 Index was dragged back from a new 10-month high today as a steep fall on Wall Street put an end to London’s winning streak.

US shares fell sharply after a weaker than expected report on consumer sentiment left investors worried that unwillingness to spend could curtail the country’s economic recovery.

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