The UK's benchmark market, the FTSE 100, proved it was following whatever the US markets do today whe...
The UK's benchmark market, the FTSE 100, proved it was following whatever the US markets do today when its losses quickened soon after the Nasdaq opened down for trading. The Footsie closed the week 137.4 points lower at 5591.8 while the Techmark slid 93.97, more than 4%, to 2078.28, after the Nasdaq fell below the 1900 point mark. Although the markets clawed back some value yesterday, there was really never any doubt that stocks would struggle to close up this week. Telecom and tech stocks had no intention of breaking its downward trend and losses soon mounted up. Marconi fe...
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