Medicine and clothes retailers leave FTSE unchanged

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The FTSE 100 index has started the day flat at 4,455 points after UK stocks fell slightly, paced by declines made by Boots and Next.

Boots lost 6.5p to 669p after Morgan Stanley cut its recommendation for the pharmacy chain's shares to "underweight" from "equal-weight". Clothing retailer Next also dropped 24p to 1,386p. In Asia, Tokyo's Nikkei 225 index gained 143.54 points to 11,309.57 earlier today, and Hong Kong's Hang Seng advanced 218.79 points to 12,202.69. On Wall Street, trading ended up yesterday as the Dow Jones Industrial Average index gained 95.31 points to 10,205.20 by the close. The S&P 500 index rose 6.34 points to 1,121.28, and Nasdaq's Composite index ended up 8.35 points at 1,984.50. IFA...

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