The Dow Jones followed the FTSE 100, climbing strongly after opening, up 95 points (1.1%) to 8,543.
Again like the London index, the big Dow winners were miners and retailers, with Kraft Foods leading the pack early.
Kraft was up 3.35% to $26.19, with Coca Cola third highest riser, up 2.25% to $49.07. Yesterday’s biggest loser Caterpillar made the second largest gain, 2.51% to $33.87, with fellow mining company Alcoa also in the top five, up 2.18% to $10.56.
The FTSE climbed this afternoon, as the Dow opened, rising 82 points (1.9%) from opening to a day high of 4,337.
Early leaders Vedanta and Eurasian Natural Resources were joined in the top five performers by Antofagasta and Xstrata, also mining stocks.
Vedanta was up 9.86% from opening, to £14.15 by around 3.30pm. Eurasian rose 6.11% to £6.94, Antofagasta 5.28% to £6.18 and Xstrata 5.19% to £6.91.
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Equity release panel
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TISA's Peter Smith
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