FTSE up more than 100 points

Stocks soared on both sides of the Atlantic today in a welcome rally spurred on by a strong start to the second-quarter earnings season.

Stocks soared on both sides of the Atlantic today in a welcome rally spurred on by a strong start to the second-quarter earnings season.

Signs of progress on BP's battle to plug the Gulf of Mexico oil leak also drove the Footsie higher, closing up 2% after a 104 point gain to 5271.

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