Market Report

Summary


THE London market closed more than one per cent higher yesterday after positive data in the US and a successful bond auction in Italy cheered investors.

The FTSE 100 Index staged a last-minute push to close 59.4 points ahead after the US Labor department said weekly unemployment claims over a four-week average declined for the fourth straight week to its lowest level since July 2008.

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Extract


Market Report

Meanwhile, Italy raised about [pounds]5.9bn in medium and long- term ...

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