FTSE decline continues

The FTSE 100 Index lost ground for the second session in a row today after US home sales plunged to a record low during May.

FTSE decline continues
Wed, 23 Jun, 2010 - 19:30

The FTSE 100 Index lost ground for the second session in a row today after US home sales plunged to a record low during May.

The blue chip index shed 68.5 points to 5178.5 or 1.3% following the 33% fall, which came after a tax credit scheme to support the housing market expired at the end of April.

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