US rally lifts FTSE sentiment

London’s blue chips were on the front foot today after a rally in US markets lifted investor sentiment on this side of the Atlantic.

US rally lifts FTSE sentiment
Thu, 30 Aug, 2007 - 12:38

London’s blue chips were on the front foot today after a rally in US markets lifted investor sentiment on this side of the Atlantic.

The FTSE 100 Index rose 60.2 points to 6192.4 buoyed by a 2% gain for the Dow Jones Industrial Average overnight after comments from the US Federal Reserve chairman Ben Bernanke fuelled hopes of a cut in US interest rates next month.

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