The FTSE overwhelmed by yet U.S. stock market decline. As a strategist and economists point on the old economy as utilities, food and energy, the so-called TMT, or telecom media and technology, succumb in a hail of sales. Vodafone Airtouch, the giant cell phone is giving 4.95% and FTSE, while Logica loses 6%. The FTSE is losing 2.86% to 6174 points.
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