FTSE soars as miners dig deep

Miners topped the list of gains with Xstrata up 8.01% to 1,968p, closely followed by Anglo-American which added 7.27% to 1,992p, while BHP Billiton soared 7.15% to 981.5p. Drug stocks failed to hold back the FTSE as GlaxoSmithKline fell 1.09% to 1,458p, while BT also dropped 0.87% to 226.75p. Meanwhile the supermarket Morrisons also slipped 0.76% to 195p. In the US the Dow Jones Industrial Average is up 103.09 points, or 0.95%, to 10,920.01, as Wall Street bounced into action led by a string of mixed economic reports and bullish results. Caterpillar is at the top of the leaderboard...