FTSE rallies on US news

Professional Adviser
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The FTSE 100 index is up 30 points to 3,514 following the overnight decision to leave US interest ra...

The FTSE 100 index is up 30 points to 3,514 following the overnight decision to leave US interest rates alone along with positive comments on the economy by the Federal Reserve. The turnaround marks a big leap of confidence considering yesterday's intra-day low went below 3,400 points forcing insurer Britannic to issue an emergency stock exchange statement saying its solvency margins were not under threat. Abbey National has turned around from being one of the bigger losers of recent weeks to leading the gainers today with a 16.5p rise to 401.5p. This follows news that ...

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