Market overview: FTSE closes down two points at 6,775
1630: Close After a relatively quiet day, much of which was spent waiting for a speech from Fed Chair Janet Yellen, the FTSE 100 closed down 2.41 points at 6,775.25. The index suffered a sharp dip late morning, although this was largely recovered by early afternoon. Yellen said that there continued to be "remaining slack in the labour market", which she said needs to be "more nuanced" due to the "considerable uncertainty" in the employment level.