Dow up despite record consumer confidence low

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The Dow is marginally up despite US consumer confidence plummeting to its lowest ever.

The Conference Board's Consumer Confidence Index dropped to 25 in February from just over 37 in January. However, the Dow has climbed 8.68 points or 0.12% to 7123.46 with General Motors leading the charge soaring 7.91%. Financials JPMorgan Chase and Bank of America Corporation have gained 1.90% and 1.53% respectively. Meanwhile, American Express is the biggest loser, tumbling 4.69%. In London, the FTSE 100 is still suffering from the US sell off and has declined by 1.76% or 67.83 points to 3782.90. In a dismal day for financials Friends Provident has fared worst so far plunging 9.44...

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