FTSE up after late US surge

Pharmaceutical, AstraZeneca is down unlike its US counterparts, losing 3.32% so far this morning. Power companies are also an early drag with shares in International Power and Royal Dutch 'A' and 'B' losing 1.46%, 0.91% and 0.90% respectively. The Dow Jones closed up 1.78% at 8,078.36 after a late afternoon surge saw it pass the 8,000 mark and add 141.53 points for the day. Global Pharmaceutical, Merck & Co. was yesterday's biggest winner adding 6.37% to bring its share price to 30.24p by close of play. Technology companies were also up amid speculation they would be early beneficia...