FTSE loses ground

The FTSE 100 Index dipped into negative territory today after poor earnings from US groups General Electric and Bank of America knocked investor confidence.

FTSE loses ground

The FTSE 100 Index dipped into negative territory today after poor earnings from US groups General Electric and Bank of America knocked investor confidence.

The Footsie closed down 32.7 points at 5190.2 after hitting a new 13-month high earlier in the session, dragged lower by a 1% fall on Wall Street’s Dow Jones Industrial Average in early trading.

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