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1 February 2021 | 16:38pm StockMarketWire.com - Silver swings as FTSE 100 and S&P 500 make gains The FTSE 100 closed up 0.9% at 6,466.42, rebounding after its worst week since October on positive Chinese manufacturing data and amid a strong open on Wall Street By 4.30pm UK time the S&P 500 index was up 1.2% to 3,759.66. Silver prices rose to an eight-year high before dropping back amid suggestions the precious metal is being targeted by newly empowered day traders. Sportswear retailer JD Sports Fashion rallied 7% to 799p after the market embraced news that it had agreed to acquire American rival DTLR Villa for $495 million. Originally named Downtown Locker Room, DTLR operated from 247 stores across 19 states, principally in the north and east of the US.

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