FTSE recovers from earlier losses

The FTSE 100 Index rallied today to recover earlier losses sparked off by selling in US bond markets and fears of higher interest rates.

FTSE recovers from earlier losses
Wed, 13 Jun, 2007 - 18:20

The FTSE 100 Index rallied today to recover earlier losses sparked off by selling in US bond markets and fears of higher interest rates.

London’s benchmark index closed up 39.2 points at 6559.6 after strong advances in mining stocks combined with upbeat economic data in America to lift blue chips out of the red.

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