US consumer confidence sours mood

A mediocre day for the FTSE 100 was soured this afternoon after the US released figures that reveals consumer confidence in its economy is waning. The subsequent downturn on Wall Street hit UK shores and the FTSE 100 finished lower. The FTSE 100 ended the day down 37.2 points to 5434.7 with falls predominantly for new economy stocks. Software group CMG led the FTSE 100 fallers with a loss of 28.25p to 213.5p. The shares came under pressure ahead of the group's interim results, to be announced tomorrow. US investment bank JP Morgan reckons CMG will unveil some negative comments f...