FTSE buoyed by two-year high on Wall Street

clock

London's leading share index was boosted this morning by a two-year high on Wall Street, following robust earnings reports and positive economic data.

The FTSE 100 rose 0.15% to 6,094.40 in early trade, after US blue chips pushed the Dow Jones up 0.49% to 12,287.1. US markets were buoyed by positive company results from Dell, with the computer giant's fourth quarter earnings nearly tripling, sending shares up 12%. Predictions by the Federal Reserve growth could hit between 3.4% and 3.9% this year also boosted sentiment. In the UK, this morning's winners were African Barrick Gold, climbing 2.44%, Royal Bank of Scotland, up 2.35%, Essar Energy, up 1.43%, Eurasian Natural Resources, rising 1.19% and Reckitt Benckiser Group, up 1.16%. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Chancellor Khalaf has a plan to make our economy boom

Chancellor Khalaf has a plan to make our economy boom

'So, Sir Keir, if you're reading, I do genuinely hope Rachel is doing okay. And my number's still the same. So, you know, call me'

Laith Khalaf
clock 25 July 2025 • 5 min read
UK capital markets need to close gap between 'perception and reality' - Poppy Gustafsson

UK capital markets need to close gap between 'perception and reality' - Poppy Gustafsson

Speaking at IA annual conference

Sorin Dojan
clock 26 June 2025 • 2 min read
Trust in ONS data 'very low' as financial services shifts to alternative sources

Trust in ONS data 'very low' as financial services shifts to alternative sources

Follows latest inflation blunder

Sorin Dojan
clock 24 June 2025 • 4 min read