FTSE down more than 40 points

London's FTSE 100 Index slid into the red today as jitters over the US economy overshadowed bumper profits at JP Morgan Chase.

FTSE down more than 40 points
Fri, 15 Jan, 2010 - 17:03

London's FTSE 100 Index slid into the red today as jitters over the US economy overshadowed bumper profits at JP Morgan Chase.

The Wall Street titan kicked off the results season for US banks with net income of 11.7bn (€8.14bn) for the year - more than double the previous year.

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CourtsBusinessFTSEPlace: Wall StreetPlace: USPlace: LondonPerson: David JonesPerson: US president Barack ObamaOrganisation: LondonOrganisation: JP Morgan ChaseOrganisation: FootsieOrganisation: IG IndexOrganisation: JP MorganOrganisation: BarclaysOrganisation: Royal Bank of ScotlandOrganisation: HSBCOrganisation: RBSOrganisation: Man GroupOrganisation: ArgosOrganisation: Home Retail GroupOrganisation: HomeOrganisation: International PowerOrganisation: Imperial TobaccoOrganisation: QinetiqOrganisation: Bovis HomesOrganisation: Tullow Oil
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