Much-needed rally for FTSE

The FTSE 100 Index staged a much-needed rally today as European markets reversed some of their recent punishing declines.

Much-needed rally for FTSE
Wed, 26 May, 2010 - 19:15

The FTSE 100 Index staged a much-needed rally today as European markets reversed some of their recent punishing declines.

Banks and miners drove a 2% recovery on London’s FTSE 100 Index – up 97.4 points to 5038.1 – while positive economic data in the US helped fuel the rally.

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