London trading got off to a positive start this morning after the Dow Jones narrowed a large deficit over night.
Though the main Wall Street index was down for the day, a late rally in stocks gave the FTSE 100 confidence to push forward, rising 26.56 points (0.52%) to 5,160.92. Rio Tinto shares climbed this morning on news it had disposed of $7bn of assets in the past 18 months. Carnival shares surged forward in early trade after the cruise operator was added to Bank of America's prestigious ‘Europe 1' list, up 2.09% to £21.03. Energy stocks were hit by a commodity sell-off in the US, with United Utilities Group down 1.95% to 456.4p, Scottish & Southern Energy lost 0.51% to £11.61 and Interna...
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