FTSE down slightly

Shares pressure in the retail sector weighed on the FTSE 100 Index today as a mixed session on Wall Street also hit stocks.

FTSE down slightly
Thu, 27 Jan, 2011 - 17:25

Shares pressure in the retail sector weighed on the FTSE 100 Index today as a mixed session on Wall Street also hit stocks.

High street chains Next and Marks & Spencer led the retail declines as investors reacted to a worse-than-expected update from Sweden's H&M after a fall in profits due to higher cotton prices.

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CourtsBusinessFTSEPlace: WallPlace: SwedenPlace: LondonPerson: Rupert MurdochEvent: ChristmasEvent: New YearOrganisation: FTSEOrganisation: Wall StreetOrganisation: Marks & SpencerOrganisation: HOrganisation: CaterpillarOrganisation: Time WarnerOrganisation: Bank of EnglandOrganisation: M&SOrganisation: AB FoodsOrganisation: CBIOrganisation: H&MOrganisation: BSkyBOrganisation: News CorpOrganisation: NewsCorpOrganisation: AstraZenecaOrganisation: AstraOrganisation: HarvesterOrganisation: Mitchells & ButlersOrganisation: All Bar OneOrganisation: M&BOrganisation: Greene KingOrganisation: MarstonOrganisation: AvivaOrganisation: International Consolidated Airlines GroupOrganisation: BAE SystemsOrganisation: Carnival
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