Share Prices: Market Report - Rate Rise Hints Sees Footsie Tumble

Summary


The London market ended below the 5000 barrier last night after investors took fright at hints about higher interest rates.

The FTSE 100 Index failed to break into the black throughout the session, closing 44.4 points down at 4988.5.

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Extract


Share Prices: Market Report - Rate Rise Hints Sees Footsie Tumble

The index recovered slightly from an intraday 62-point low after a marginal increase in US inflation helped calm rate rise...

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