London's blue chip index has passed the 5,000 points barrier once more, buoyed by optimism on Wall Street over night.
The FTSE is up 19.73 points (0.4%) to 5007.41 at 9.30 after a good day's trading in the US, as investors responded to news President Obama's stimulus package has boosted GDP and created jobs. Hedge fund giant, Man Group has added 4.93% to 280.8p upon speculation of a fund launch, while International Power has gained 3.53% to 293.4p. However, Friends Provident Group lost 0.96% to 82.7p and Standard Chartered has tumbled 0.63% to £14.19. In the US, the Dow Jones ended trading up 80.26 points (0.84%) to 9627.48, as The White House announced Obama's $767bn American Recovery and Reinves...
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