The FTSE 100 index surged 53.30 points to close at 4,074.80 this afternoon after news from the US th...
The FTSE 100 index surged 53.30 points to close at 4,074.80 this afternoon after news from the US that technology spending may be turning the corner towards more prosperous times.
A survey of the heads of most of the US' biggest tech firms showed that the majority are about to start reporting an improved outlook for sales and profits during the next quarterly reporting season, which kicks off in the next few days.
UK stocks also did well today on news that the IPO market is being given new life with the major float of yellow pages publisher Yell.
And ICI is being stalked for its starches unit.
In New York, the Dow Jones Industrial Average index is up about 144 points to 9215, and the broader S&P 500 index is up 16 points, tyaking it over the crucial 1,000 points level.
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