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 ...
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