A solid morning on Wall Street led the FTSE 100 to a late rally this afternoon, closing 25.5 points up, or 0.41%, to 6306.2.
News BAE Systems is in discussions with the US military over a $4bn contract led it to the highest gains, finishing the day 14.75 points ahead, or 3.18%, to 478.25.
Reckitt Benckiser and British American Tobacco also fared well, closing up 2.74% to 2739 and 2.57% to 1679 respectively.
Legal & General incurred the largest losses in trading; it closed the day on 133.4 – a drop of 3.10 points, or 2.27%.
The Beverage sector as a whole was lower, with SABMiller the worst affected, it fell 23 points, or 1.7%, to 1328.
In New York, the Dow Joes is higher as speculation the Fed will cut interest rates next week continues.
The index is currently 27.07 points up, or 0.2%, to 13335.46.
Diversified technology firm 3m is leading the gains at this early stage, up 0.97 points, or 1.10%, to 89.21.
Exxon Mobil and Boeing are each 0.95% up so far this morning.
Rising crude prices has lead to a gain for Exxon early; it’s up 0.83 points to 87.77; while the airplane giants are 0.93 points higher, to 98.37.
Merck & Co is leading the losses; it is currently 0.5 points lower, or 1%, to 49.45.
Caterpillar, the world’s leading construction and mining equipment manufacturer, is also lower – 0.47 points down, or 0.64%, to 73.42.
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