London shares close higher as financials, oils rally offsets mixed NY
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The FTSE 100 ended the session in the black as merger and acquisition speculation continued to spur the financials sector forward, offsetting a mixed performance on Wall Street, dealers said.
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Leading shares closed markedly higher, encouraged by gains on Wall Street where investors cheered a flurry of M-and-A deals at home and abroad, and solid economic data, although rising oil prices remained under scrutiny, dealers said.
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Stocks enjoyed a late-day rally yesterday, finishing higher despite a new record price for oil and gloomy third-quarter outlooks from several companies.
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London stock markets moved higher on Friday, shrugging off Wall Street losses thanks to strength in mining groups and pharmaceuticals.
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London equities made strong gains on Wednesday, with every FTSE 100 stock higher after strong overnight gains on Wall Street following the Federal Reserve&#39;s 50 basis point cut in US interest rates.
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British blue chips ended modestly higher after an up-and-down session, with Wall Street putting in a fairly volatile performance.
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The FTSE 100 index closed comfortably higher thanks to robust earnings from Reuters and Reckitt Benckiser, although British blue-chips ended below their best levels after a mixed morning on Wall Street.
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The FTSE 100 closed just above its session lows as an uncertain morning by Wall Street and a turnaround in oil prices offset a largely positive batch of blue-chip results, dealers said.
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NEW YORK - Stocks enjoyed a late-day rally Wednesday, finishing higher despite a new record price for oil and gloomy third-quarter outlooks from several companies. Volume was relatively light as investors awaited the government's jobs creation report at the end of the week...
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U.S. stocks ended higher on Wednesday,  as investors shrugged off record crude oil prices and bought  beaten-down shares, pushing blue chips to close above 10,000  for the first time in 3 weeks.
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U.S. stocks ended higher on Wednesday, as investors shrugged off record crude oil prices and bought beaten-down shares, pushing blue chips to close above 10,000 for the first time in 2 weeks.
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UK blue chips closed higher, just off the late afternoon peak after rallying from earlier falls in tandem with an jump on Wall Street as the latest weekly US jobless claims numbers eased worries over the health of the world&#39;s largest economy.
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US stocks opened slightly higher on Monday ahead of a busy week of corporate earnings. Oil prices climbed to new highs in London and New York.
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U.S. stocks closed higher on Monday after a drop in oil prices eased worries about corporate profits, although disappointing earnings from diversified manufacturer 3M Co.  limited gains on the blue-chip Dow.
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Sharp gains for oil majors helped the FTSE 100 close higher Thursday for a sixth straight session.
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Leading shares closed higher, with further gains across the miners and fresh M&amp;A talk among financials giving the FTSE 100 a leg-up towards the 6,000 level in thin Labor Day volumes, dealers said.
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Leading shares closed stronger, just off late session highs with Wall Street posting good gains as above-forecast headline US PPI data proved mainly to be due to fuel price rises, with a benign inflation picture seen overall.