Stocks rally after downbeat news from UK and US

The FTSE 100 Index marched further towards the 6000 mark as stocks shook off disappointing economic news in the UK and US.

Stocks rally after downbeat news from UK and US
Wed, 22 Dec, 2010 - 15:20

The FTSE 100 Index marched further towards the 6000 mark as stocks shook off disappointing economic news in the UK and US.

London’s top tier added 26.3 points to 5978.1 despite official figures revealing the UK economy had not grown as strongly as thought in 2010, with GDP growth downgraded for the last three quarters.

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