FTSE rebounds - slightly

Professional Adviser
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The UK's 100 leading shares lost around 5% of their value yesterday in the worst day of trading sinc...

The UK's 100 leading shares lost around 5% of their value yesterday in the worst day of trading since October 1987 - excluding 11 September last year. Bargain hunters have come back today, however, spurred on by similar events in the US yesterday when the Dow Jones Industrial Average index clawed back a large chunk of its losses during the last hour of trading - it closed down 45.32 at 8,639.19. The Nasdaq Composite even managed to close up 9.12 points to 1,382.62 by the end of the day, defying the odds. The FTSE 100 index is currently up nearly 20 points at 4,013, with...

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