FTSE falls over US data

Posted by 7Star Wednesday, November 25, 2009

Britain's leading share index ended 0.6 percent lower on Tuesday, with sentiment dampened by data showing the United States economy grew at a slower pace than previously thought, pressuring banks and commodity stocks. The FTSE index ended 31.54 points lower at 5,323.96, reversing earlier gains, to mirror falls on Wall Street after third quarter US economic growth was revised down to 2.8 percent from 3.5 percent.

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