Market Report: Footsie Bounces On Us Jobless Figures

The ScotsmanMay 21, 2004

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Summary


A SURPRISE rise in US unemployment gave London shares a late lift yesterday.

After falling as many as 53 points during the session, the FTSE 100 index regained some ground to close 43.1 points down at 4428.7.

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Market Report: Footsie Bounces On Us Jobless Figures

The unexpected increase in US jobless slightly improved sentiment in London, because it calmed fears that the Federal Reserve could raise rates by as much as half a per...

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