FTSE down almost 2%

The FTSE 100 Index slid almost 2% into the red today as the spectre of US interest rate hikes overshadowed trading.

FTSE down almost 2%
Thu, 17 Dec, 2009 - 18:18

The FTSE 100 Index slid almost 2% into the red today as the spectre of US interest rate hikes overshadowed trading.

The dollar gained strongly against the pound as markets reacted to news that the US Federal Reserve could soon undo some emergency support moves amid improving economic signs.

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