Fears of Interest Rise Spread More Gloom ; Market Report Share Prices

Summary


Gloom descended over the City yesterday after new year euphoria gave way to heavy selling.

The FTSE 100 Index sank 32 points to 6287 as mining and energy stocks sank into the red while there was mixed news in the retail sector.

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Fears of Interest Rise Spread More Gloom ; Market Report Share Prices

Sentiment was further hit after minutes from the Federal Reserve's latest meeting raised the possibility o...

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