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UPDATE 1-Bank bounce leads FTSE 100 higher on open.
(From FT Investor (Stories))
LONDON (FT.com) - A bounce in the banking sector led the London blue-chip index to a firmer start on Tuesday despite further losses in New York markets overnight.
The FTSE 100 opened 0.8 per cent higher at 3,812.5 and the FTSE Techmark started 0.6 per cent higher at 613.4.
Overnight the Dow Jones Industrial Average finished 1.4 per cent lower and the Nasdaq Composite closed 1.8 per cent lower, weaker than levels traded at Monday's London close.
A speech by US President George W. Bush on Monday night prepared America for the possibility of a difficult military campaign to oust Saddam Hussein but contained few new details. See more on Bush speech
M&S sales surge
Food and clothing retailer Marks and Spencer gained 5.6 per cent after it reported a 10 per cent rise in like-for-like sales in the 12 weeks to September 28, compared with an expected increase of 5 per cent to 5.4 per cent. M&S said it was gaining market share in clothing and food, but sales growth in September was lower than in July and August due to tougher comparatives and unseasonal weather.
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...Celanese shares have soared 54 per cent since the beginning of the...the unusually high 21.3 per cent climb by the Dow Jones Industrial Average. Stocks of most other fiber...Monsanto has jumped 39.5 per cent, American Cyanamid is up 34...
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...unchanged while the Dow Jones Industrial Average inched up 0.9 percent. Declines...second-quarter earnings at 36 cents, up 50 percent from th same...quarter earnings were 43 cents. Federated Department Stores...percent. Earnings were 31 cents compared to 45 cents in the...
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...on "down." The Dow Jones industrial average slipped and slipped, skidding...Boyd Gaming Corp., up 28 cents to $15.60; Mandalay Resort Group, up 2 cents to $27.37; Sierra Pacific Resources, up 7 cents to $6.76; and Southwest...
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...Jul. 16--The Dow Jones Industrial Average went on a roller-coaster...S. attorney, declined 25 cents to $17.50. Other losers...General Electric declined 35 cents to $28.25, despite reaffirming...week. But Coca-Cola rose 95 cents to $52 after news that it...
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...8 percent and the Dow Jones Industrial Average dropped 1 percent. Declines...1988 earnings to reach 85 cents a share, up from 81 cents. Paced by a gain of 1 in the...1988 earnings estimate to 20 cents from 80 cents. Last year Zayre...
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...The blue-chip Dow Jones Industrial Average closed up 47.36 points, or 0.57 per cent, at 8,322.40. The broad...18 points, or 0.59 per cent, at 884.38. The tech...48 points, or 1.22 per cent, at 1,287.77. This...
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...heavyweight, scrambled 7 per cent higher after posting a 25 per cent rise in third-quarter earnings...The blue-chip Dow Jones Industrial Average jumped 316.34 points, or...40 points, or 3.91 per cent, to 835.32. The Nasdaq...
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- News wire article from: Europe Intelligence Wire October 29, 2002 700+ words
...statistics. The Dow Jones Industrial Average fell 75.95 points, or 0.90 per cent, to 8,368.04...active list, rose 60 cents, or 1.7 per cent, to dollars 36...the NYSE, added 65 cents, or 4.45 per cent, to dollars 15...