Share Prices: Us Economy Fears See Ftse Slip Downward ; Market Report

Summary


London's FTSE 100 Index slipped into the red today after fresh fears over the US economy affected trading on both sides of the Atlantic.

The Footsie had been clinging on to positive territory for much of the session but dropped late on when Federal Reserve chairman Ben Bernanke warned the US economic outlook had deteriorated and that further interest rate cuts may be needed.

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Share Prices: Us Economy Fears See Ftse Slip Downward ; Market Report

His comments saw London's bluechip index close 0.8 points down at 5879.3. It had been nearly 60 points up earlier in the day. ...

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