Morning Markets: Miner rally lifts FTSE

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The FTSE 100 this morning reinforced yesterday's gains as mining stocks continued to climb.

London's blue chip index climbed 31.58 points (0.75%) to 4,269, thanks largely to significant gains for Fresnillo, Kazakhmys and Xstrata. The trio rose 4.13% to £5.55, 3.67% to £6.64 and 3.13% to £6.33, respectively. The Dow finished yesterday up more than 26 points, or 0.31%, at 8,359. Technology stock Intel Corp was the runaway winner on the Wall Street index, up 9.46% to $16.79, following second quarter sales figures in excess of analysts' expectations. A better-than-expected 1.8%, rise in the US Producer Price Index for June boosted consumer stocks, with Home Depot up 2.77% ...

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