The FTSE 100 index has recovered from morning uncertainty by closing 17 points higher to 5058.9 points.
The benchmark is quickly making progress and today hit its highest level since May 2002, thanks largely by Cable & Wireless which closed up 3.25p to 133.25p. Pearson has also advanced 15p to 658p. But topping the loser’s table, Cairn Energy shed 21p to 1095p, along with Media firm Emap down 14.50p to 872.5p. Drug firm AstraZeneca has also lost 30p to £20.53. In the US, the Dow Jones has so advanced about 52 points to 10843.15 points during morning trading. The New York benchmark is led by SBC Communications, up $0.33 to $24.70, while McDonalds and Wal-Mart have also added $0.44 t...
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