US unemployment data buoys shares

On Wall Street the Dow Jones opened up 124.09 points, or 1.2%, to reach 10490.2. Across Europe investors were buoyed by reports US unemployment fell in November from a 26-year high the previous month, beating expectations it would remain the same, with all of the major exchanges rising on the news. In London the FTSE jumped nearly 80 points after lunch from almost 5280 points before settling just before 4pm at 5358.09, up 45.09 points or 0.85%. In Paris the CAC 40 rose 69.04 points, or 1.82% to 3868.15 after early falls linked to overnight losses on Wall Street ahead of the release...