US blue chip stocks edged ahead in early exchanges today, echoing gains in stock markets across Europe and Asia.
The Dow Jones added more than 21 points, or 0.2%, to trade at 9,602.16 at just before 1500 BST. An improved revenue forecast from US computer chip firm Intel sent its shares up more than 5% to $20.52. Shares in other technology firms also rose on investor hopes an economic recovery will boost the sector, with Microsoft up 2.8% to $25.39 and Hewlett Packard adding 1.45%. Meanwhile, in the UK, a buoyant mood sparked by positive GDP data helped keep the FTSE ahead before the weekend, with the index up more than 1% to 4,922.67. Lloyds Banking Group dominated the index, up 6% to 111p...
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