FTSE 100 ends in positive territory; Wall Street reacts to strong jobs data
The UK blue chip index moved higher while Wall Street benefits from better than expected US jobless claims and Bitcoin recovers
FTSE 100 up 70 points
US riding higher
5.10pm: Positive morning on Wall Street helps FTSE to the finish
The FTSE 100 ended Thursday up 70 points, 1%, at 7,020, and the FTSE 250 added 157 points, 0.7%, to 22,392. What a difference a day makes, IG Senior Market Analyst Joshua Mahony wrote. Financial markets have gone from a sea of red to one of overwhelming optimism, with the Nasdaq and DAX leading the charge.
Speaking of, the US tech-focused exchange was up 207 points, 1.6% to 13,507 at midday. The Dow gained 241 points, 0.7%, to 34,137, and the S&P 500 rose 42 points, 1%, to 4,158.