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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/ftse-rallies-amid-wall-street-dip.jpg"><img class="alignnone size-full" title="The FTSE 100 was up 6.5 points at 6026.5" src="http://londonglossy.com/wp-content/uploads/2011/02/min-ftse-rallies-amid-wall-street-dip.jpg" alt="The FTSE 100 was up 6.5 points at 6026.5"/></a></p>
<p>London&#8217;s FTSE 100 Index has fought back from earlier losses despite a downbeat opening on Wall Street as Egypt uncertainty hit stocks.</p>
<p>The Dow Jones Industrial Average fell more than 30 points soon after opening amid fears of a deepening crisis after Egyptian president Hosni Mubarak refused to step down.</p>
<p>But the Footsie clawed its way back to positive territory, up 6.5 points to 6026.5, as the US fall was better than feared.</p>
<p>High street giants Next and Marks &#038; Spencer failed to see any turnaround, heading the FTSE 100 fallers board as investor nerves grew over the twin threat of rising prices and weak demand.</p>
<p>Next and M&#038;S fell 66p to 1997p and 8.6p to 363p respectively, followed by B&#038;Q parent Kingfisher not far behind, down 3p to 250p.</p>
<p>In the supermarket sector, Bradford-based Morrisons was the biggest faller with a drop of 1.8p to 276.2p.</p>
<p>Drinks giant Diageo put back some of Thursday&#8217;s post-results fall with a rise of 10p to 1205p.</p>
<p>Insurer Legal &#038; General rose to the top of the Footsie risers board, adding 3.6p to 122.4p after a bullish note on the sector from Nomura, saying the market is underestimating the growth potential of L&#038;G&#8217;s asset management operations.</p>
<p>Other insurers Standard Life and Resolution also made gains, up 2.5p to 239.6p and 6.9p to 272.3p respectively.</p>
<p>Support services giant Carillion was 6.7p dearer at 391.9p after announcing the acquisition of green support services business Eaga for £306.5 million.</p>
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