News - Economics / markets
Categories: Economics / Markets
The FTSE 100 has opened slightly up, building on gains on Wall Street and positive employment news in the US.
The index is up 0.2% at 6,055.75 in early trading, bringing it close to its highest level in two-and-a-half years and following on from a small gain yesterday.
ARM Holdings is up 11.37% to 525p, with the firm continuing to benefit from the increase in demand for chips for smartphones and tablets, while Rangold Resources is up 3.63% to £52.75.
Europe has followed London's lead, with the Dax up 0.41% at 6,968.19 and the Cac up 0.4% at 3,920.23
Overnight, the Dow Jones closed at 11,722.89, a 0.27% gain, after ADP Employer Services reported 297,000 private-sector jobs were created in December.
The news also boosted Asian markets, with the Nikkei 225 up 1.44% to 10,529.76 and the Hang Seng up 0.12% at 23,786.3.
Categories: Economics / Markets
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