FTSE 100 depressed by gloomy Wall Street

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The FTSE 100 began Tuesday lower, depressed by a poor show from the US's Nasdaq yesterday. Over in t...

The FTSE 100 began Tuesday lower, depressed by a poor show from the US's Nasdaq yesterday. Over in the UK a raft of technology and telecom stocks led the decline. At morning trade the FTSE 100 slipped 74.9 points to 5543.6 with gains restricted to the old economy and limited at that. It wasn't a good start to the week for Wall Street yesterday. The Dow Jones shed 100.85 points to 9777.93 whilst the Nasdaq slipped 57.29 to 1782.97. An earnings warning from American Express wasn't blamed for the poor market, rather it was the political tensions with China that sustained Wall Stree...

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