Early Gains Are Wiped Out by New Euro Fears ; Today in the City

Summary


The FTSE 100 closed down again yesterday as fresh concerns about the euro debt crisis wiped out earlier gains.

The London market, which tumbled 2 per cent on Monday on worries over the potential for further bail-outs, had stood 10 points higher at lunchtime, but it slipped back into the red in later trading, to finish down 23 points or 0.4 per cent at 5528.3.

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Early Gains Are Wiped Out by New Euro Fears ; Today in the City

Banking stocks were hit as investors continued to worry about the financial stability of ...

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