FTSE falls as traders wait for Fed chief speech
CITY Pound 171136 Retreating from Tuesdays two-month high, the top index in London fell on Wednesday as mining companies faced a rough afternoon and traders waited on news from the US Federal Reserve. The FTSE 100 lost 0.6% of its value, dropping 40.94 points to end the day at 6,762.67. It comes as traders waited for a statement from Jerome Powell, the chairman of the US Fed on Wednesday evening. Experts on Wall Street are worrying that a faster-than-expected economic recovery could pus...
Source: heraldscotland.com