Dow hits record; FTSE ends lower

Wednesday, October 10 - 2007 at 06:27

The Dow climbed to a record close on Tuesday, as investors interpreted minutes from the Federal Reserve's last meeting as indicating the central bank is ready to keep cutting interest rates to boost the economy. The index finished up 120.80 points, or 0.86%, to end on 14,164. Meanwhile, the UK's FTSE 100 ended the day 54.9 points or 0.8% lower on 6,540.

Jeff  Florian Jeff Florian, Senior Reporter
Wednesday, October 10 - 2007 at 06:27 UAE local time (GMT+4)

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