FTSE closes down 0.5% as hot US jobs number dims Fed rate cut hopes
Stock prices in London continued to trend down this week, as new US non farms payroll data signalled that a Fed interest rate cut won't be happening anytime soon.The FTSE 100 index closed down 39.97 points, 0.5%, at 8,245.37. The FTSE 250 ended down 160.51 points, 0.8%, at 20,555.37, and the AIM All-Share closed down 3.01 points, 0.4%, at 793.53.Over the course of the week, they are down 0.4%, 0.8