Buoyant Wall Street Leads Ftse to Seven-Year High ; Britain

Summary


A bullish mood on Wall Street helped buoy up the London market, which closed at its highest level for almost seven years yesterday.

An uninspired early trading session gave way to strong advances in the afternoon following renewed confidence in the US after a flurry of positive data on jobs, manufacturing and inflation.

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Extract


Buoyant Wall Street Leads Ftse to Seven-Year High ; Britain

The FTSE 100 Index closed up 55.3 points at 6676.7, with investors ending the shortened trading week in an upbeat mood after a...

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