Hope of global economic recovery spur FTSE on

The FTSE 100 Index edged closer to the 4500 barrier today as stocks were spurred on by overnight advances on hopes of a global economic recovery.

Hope of global economic recovery spur FTSE on
Mon, 01 Jun, 2009 - 12:17

The FTSE 100 Index edged closer to the 4500 barrier today as stocks were spurred on by overnight advances on hopes of a global economic recovery.

Miners benefited the most from the economic optimism, seen after news of an expansion in Chinese manufacturing, while a US government rescue deal was also expected for General Motors, due to file for bankruptcy protection later today.

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