Dow Jones charges on GE upgrade

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On Wall Street, shares surged forward on the back of positive earnings reports for companies across the world.

The Dow Jones jumped 111.55 points (1.23%) to 9,182.27. General Electric shares added 6.36% to $13.04 after Goldman Sachs upgraded the shares to ‘buy', with a price target of $15. Exxon Mobil shares fell in early trade after the firm revealed a 66% fall in profits linked to low oil prices, down 1.72% to $70.20. London shares continued to rise through Thursday as positive results helped counterbalance poor performance from Reed Elsevier. The FTSE 100 index added 61.71 points (1.36%) to 4,609.24 shortly before 3pm. BT Group shares continued a strong performance after posting be...

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