The FTSE opened sharply higher in early trading on Wednesday following positive corporate earnings updates in the US and advancing metal prices.
London's leading index is 94 points, or 1.6%, higher at 5,991. Sentiment was boosted by strong earnings updates in the US, with healthcare giant Johnson & Johnson, Yahoo and tech firm IBM all posting better than expected results. Miners drove the improvement in London's top flight on rising metal prices. Antofagasta and Xstrata have risen 3.11% and 2.91% respectively. However, Resolution is down 1.68% at 287.5p, having gone ex-dividend today. In Europe, the Cac is up 1.38% at 3962.64, while the Dax is up 1.63% at 7154.37. Meanwhile, in Asia, the Nikkei closed up 1.76% at 9,60...
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