Upbeat Mood Sees Footsie Make a Smart Turnaround ; Market Report

Summary


The FTSE 100 Index leapt 1.6 per cent yesterday as an upbeat mood and strong start on Wall Street bolstered the market.

London's blue chips staged a striking turnaround during the session after downbeat manufacturing and home sales figures hit the US stocks before the weekend.

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Upbeat Mood Sees Footsie Make a Smart Turnaround ; Market Report

But a reversal in sentiment saw the Footsie rise determinedly in late trading to end up 83.5 points at 5165.7.

In the US, investors took cheer f...

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