FTSE makes an upward leap

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The benchmark FTSE 100 index has so far gained about 33 points to 4,451 after UK stocks rose today, paced by Hays and Man Group.

Hays, a recruitment business, rose 3p, or 2.5%, to 121p. Man Group, one of the world's largest publicly traded hedge-fund managers, gained 22p to 1,638p. In Asia, Tokyo's Nikkei 225 index gained 189.16 points to 11,152.09 earlier today, while Hong Kong's Hang Seng remained unchanged at 11,692.56. In the US, the Dow Jones Industrial Average index ended up 159.19 points to 10,117.62 yesterday and the S&P 500 index gained 17.64 points to 1,113.05. Nasdaq's Composite index closed up 41.67 points to 1,964.65. IFAonline

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