The FTSE 100 is off to a solid start this morning after a late surge on Wall Street yesterday following Ben Bernanke's comments that the US recession is over.
Wall St had a rocky day after a trade spat between the US and China began to escalate but the Dow Jones index finally closing 56.61 points (0.59%) up at 9,683.41 points. Miners are currently leading London’s blue chip index higher pushing it up by 57.93 points (1.15%) to 5,100.06 points by 10:00am. Tullow Oil is currently in the top spot gaining 4.42% to reach £11.35 after the FT reported it is part of a consortium headed by US firm Andarko, which has established a new oil frontier that stretches 1,100km along the African coast from Ghana to Sierra Leone. Xstrata, Eurasian Natura...
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