FTSE still sulking despite mini recovery

The index spent most of the day at least 100 points down after a late sell-off on Wall Street yesterday, but investor confidence returned. Vodafone was the biggest contributor to the FTSE’s struggles, closing with a loss of 8.10p, or 4.98% to 154.65p. But the London Stock Exchange and Vedanta Resources also stuttered. On the plus side, British Airways advanced 13p to 243.75, while Smith & Nephew, up 21.5p to 581.5p, Smiths Group and Alliance & Leicester all ended in the black. The Dow Jones on the other hand made a steady climb in early trading and has climbed 69 points, or 0.58%, t...