After a spell of resilience yesterday from the UK stock market, the FTSE 100 tumbled today in the...
After a spell of resilience yesterday from the UK stock market, the FTSE 100 tumbled today in the wake of more corporate warnings from technology bellwethers. Yesterday heard earnings warnings from US groups Compaq and Oracle and Dutch chip manufacturer ASM Lithography. A raft of technology stocks have headed downwards and there has been little upside to counter-act the decline. The FTSE 100 toppled 120.3 points to 5608.9 while the techMark lost 81.57 to 2090.68. Worst hit amongst the FTSE 100 this morning was accounting software group Sage. Shares slumped after a profit warning...
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