LONDON (Thomson Financial) - UK blue chips closed higher, led up by financials, and boosted by another strong showing on Wall Street, with earnings beating forecasts and oil prices falling.
At the close, the FTSE 100 index was up 85.8 points at 5,449.9, down from a high of 5,467.2, and having been in positive territory all day. The FTSE 250 index rose 207.2 points to close at 9,189.8.
In the United States, as the London market was closing, the Dow Jones Industrial Average was up 43.6 points at 11,646.1. The S&P 500 was up 9.45 at 1,286.45. The Nasdaq Composite was up 29.74 at 2,333.7.
US markets were volatile ahead of the release of the Beige Book, which gives an assessment of economic trends, due after the close of the UK market. brian.gorman@thomsonreuters.com btg/am COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
At the close, the FTSE 100 index was up 85.8 points at 5,449.9, down from a high of 5,467.2, and having been in positive territory all day. The FTSE 250 index rose 207.2 points to close at 9,189.8.
In the United States, as the London market was closing, the Dow Jones Industrial Average was up 43.6 points at 11,646.1. The S&P 500 was up 9.45 at 1,286.45. The Nasdaq Composite was up 29.74 at 2,333.7.
US markets were volatile ahead of the release of the Beige Book, which gives an assessment of economic trends, due after the close of the UK market. brian.gorman@thomsonreuters.com btg/am COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2008 AFX News
