Around the World's Markets: London

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The Independent Online
THE FTSE 100 ended lower for the second straight session after stronger than expected US retail sales data renewed concerns over the outlook for inflation and interest rates in the US. But impressive gains in Railtrack and continued bid speculation in retailers Marks & Spencer and Sainsbury's helped limit the downside.

The FTSE 100 dipped just 8.6 points to finish at 6,702.1, keeping the benchmark within 70 points of its intraday peak of 6,772.1 set on 3 December. Market Report, page 19