Blue chips drive the FTSE up

London’s blue chips found momentum in afternoon trading today after better-than-expected economic data from the US.

Blue chips drive the FTSE up
Thu, 13 Sep, 2007 - 18:39

London’s blue chips found momentum in afternoon trading today after better-than-expected economic data from the US.

The FTSE 100 Index jumped 57.7 points to close at 6363.9 after a softer than forecast rise in US claims for unemployment benefits boosted markets on Wall Street, helping to firm investor confidence on this side of the Atlantic.

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