FTSE falls as investors await Fed decision

Xstrata shares made the biggest early gains after reports the firm was talking to potential bidders, up 140 points (3.83%) to £37.96, while Whitbread shares climbed 31 points (2.18%) to £14.55. Hammerson lost 32 points (2.92%) to £10.64 in early trade, while British Land dropped 24.5 points (2.52%) to 948.5p. On Wall Street, market closed significantly higher as investors became hopeful of a cut in interest rates and the Dow Jones was up 101.45 points (0.74%) to 13,727.03. Caterpillar shares rose after an investment bank highlighted its work in China, up 2.38 (3.21%) to 76.58, while JP M...