Blues chips boost FTSE

Blue chips were back on a tentative road to recovery today as the London market enjoyed its second day of gains, buoyed by hopes of a US interest rate cut.

Blues chips boost FTSE
Thu, 30 Aug, 2007 - 18:17

Blue chips were back on a tentative road to recovery today as the London market enjoyed its second day of gains, buoyed by hopes of a US interest rate cut.

The FTSE 100 Index closed up 79.8 points at 6212 with investor nerves soothed by firm US GDP figures and suggestions America may see a rate cut next month.

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