FTSE up 4% in morning trading

The FTSE 100 Index powered to gains of almost 4% today as investors took a lead from buoyant US markets in the latest twist to a volatile week.

FTSE up 4% in morning trading
Thu, 24 Jan, 2008 - 11:33

The FTSE 100 Index powered to gains of almost 4% today as investors took a lead from buoyant US markets in the latest twist to a volatile week.

The London market was 204 points ahead at 5813.3 by mid-morning – riding the wave of a 300-point gain for Wall Street’s Dow Jones Industrial Average, reversing heavy early falls.

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