FTSE up on good start on Wall Street

Tesco registered just slim losses down just 1.01% at 393.5p by the close following its trading update this morning. London shares were helped by the positive start on Wall Street this afternoon, despite a batch of mixed economic data. But nothing appeared to be able to help Woolworths which closed the day down 7.5% at 34p. In the US the Dow Jones Industrial Average has increased 33.17 points, or 0.3%, to 12,317.02 after growth at service industries unexpectedly accelerated, suggesting the largest part of the economy is expanding fast enough for companies to meet profit forecasts. Kro...