All eyes on the Fed as FTSE closes down

Enterprise Inns shares climbed 27.5 points (5.47%) to 530p, while BG Group added 39 points (3.75%) to £10.79. Northern Rock lost 5.1 points (4.66%) to 104.4p after the Financial Times revealed the company’s fate was unlikely to be decided before January, and British Land lost 39.5 points (4.06%) to 933.5p over continuing worries about the UK property market. On Wall Street, markets edged downwards in early trading as investors awaited the Fed’s latest interest rate decision and the Dow Jones fell 12.92 points, (0.09%) to 13,714.11. AT&T shares recovered from yesterday’s slump after the c...