Bears Bring the Rally by Shares to a Painful Halt ; Marketround-Up

Summary

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JUST when City investors thought it was safe to move back into the stock market, they found themselves on the receiving end of yet another mauling by the bears.

In what promised to be another jittery day for traders and investors alike, the FTSE 100 index gave back most of yesterdays gains as it slumped 131.5 to 6228.6. Some brokers say it showed just how flimsy yesterdays rally was.

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Extract

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Bears Bring the Rally by Shares to a Painful Halt ; Marketround-Up

This latest setback followed a dramatic session on Wall Street overnight where the Dow reversed a 140-point rise to finish 146 down as more casualties emerged from the cre...

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