FTSE loses ground

The FTSE 100 Index dipped into the red today despite economic cheer in America.

FTSE loses ground
Thu, 27 Aug, 2009 - 19:19

The FTSE 100 Index dipped into the red today despite economic cheer in America.

Figures confirmed the US economy shrank at an annual rate of 1% in the second quarter, confounding expectations for a revision down to 1.5%.

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