FTSE 100 Live 20 January: Index seen falling from record, pound at $1.22
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The FTSE 100 index is seen falling by about 30 points, having posted 1% gains over the three previous sessions to close on Friday at a record 8505. Hopes of lower interest rates also helped the Dow Jones Industrial Average to add 0.8% while the S&P 500 rose 1% and the Nasdaq Composite jumped 1.5%.