A better-than-expected start to the US bank reporting season failed to lift investor spirits as fears over the global economy weighed on sentiment.
A better-than-expected start to the US bank reporting season failed to lift investor spirits as fears over the global economy weighed on sentiment.
Custom byline text:
london
The FTSE 100 Index closed 13.3 points lower at 6104 as the Dow Jones Industrial Average also slipped into the red in early trading after the World Bank slashed growth forecasts.
It now expects the global economy to expand by just 2.4% this year, down from its June projection for global growth of 3% in 2013.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
