End to US recession boosts FTSE

The London market gained more than 1% today as investors hailed the end of recession in the United States.

End to US recession boosts FTSE

The London market gained more than 1% today as investors hailed the end of recession in the United States.

The better-than-expected performance by the world’s biggest economy – it expanded by 3.5% in the third quarter on an annualised basis – helped the FTSE 100 Index claw back some of the 2% fall seen on Wednesday.

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