Summary
The London market remained grounded in negative territory yesterday despite pulling back from the session's lows in afternoon trading.
The FTSE 100 Index closed down 68.6 points, or one per cent, at 6459.3, with little in the way of corporate or economic news to help blue-chip stocks find momentum, as persistent concerns over the US housing market and global credit crunch hit equity markets.See the full content of this document
Extract
Credit Crunch Puts a Damper On Prospects
Retail stocks enjoyed a late rally, with Argos and Homebase parent Home Retail Group cheering...
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