The FTSE 100 has opened strongly this morning on the back of solid mining gains and a boost to tour operators. The index is currently 85.90 points ahead (1.48%) to 5874.80.
Thomas Cook is higher as rival TUI Travel announced encouraging post-Christmas consumer demand, with Cook 5.48% higher to 260. Kazakhmys and Anglo American are leading the mining gains on a stellar start for the sector, up 5.44 to 1201 and 4.91% to 2586 respectively. Biopharmaceuticals company Shire is leading the losses this morning, down 1.32% to 934 – while Alliance & Leicester is 1.17% down to 716.50. In New York, the Dow Jones ended the day strongly after speculation mounted on a further Federal Reserve rate cut. The index closed 176.72 points higher (1.45%) to 12383.89. JPMorgan C...
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