FTSE bounces back

The London market enjoyed a rebound today after a strong finish on Wall Street overnight helped to rebuild sentiment among investors.

The FTSE 100 Index rose by 63.1 points to 6522.4 by 11.15am, clawing back most of yesterday's losses, as European markets were boosted by a round of bargain hunting and improved optimism in the US following strong corporate earnings results from iPod maker Apple.