FTSE up more than 1%

The FTSE 100 rose more than 1% today as markets were cheered by strong US corporate results and a major acquisition at home.

FTSE up more than 1%
Wed, 21 Jul, 2010 - 18:13

The FTSE 100 rose more than 1% today as markets were cheered by strong US corporate results and a major acquisition at home.

Banks Morgan Stanley and Wells Fargo both beat forecasts with second-quarter figures, following on from a 78% hike in profits from US technology giant Apple overnight.

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