Downbeat Wall Street Puts London in the Red ; Market Report Share Prices

Summary


A downbeat start on Wall Street saw the London market close in the red yesterday despite shrugging off an interest rate rise earlier in the session.

The FTSE 100 Index finished the day down 37.9 points at 6635.2, with markets in the US opening on the back foot after the Independence Day holiday.

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Downbeat Wall Street Puts London in the Red ; Market Report Share Prices

Investors had taken the Bank's decision to up rates to 5.75 per cent in their stride, but the early US falls put pressure on blue chips ...

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