FTSE down more than 40 points

A rebound among blue chip banks failed to lift the FTSE 100 Index today as stocks fell in the wake of a shock plunge in US home sales.

FTSE down more than 40 points

A rebound among blue chip banks failed to lift the FTSE 100 Index today as stocks fell in the wake of a shock plunge in US home sales.

Immediate fears eased over President Barack Obama's banking reforms, helping UK bank stocks move higher.

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