Financial sector leads gains as FTSE finishes higher
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 tipped higher after a strong London session for financial firms, boosted by positive data for the US economy. Michael Hewson, chief market analyst at CMC Markets UK, said: “European markets have seen a positive session today, although the FTSE 100 and Dax have underperformed when it comes to its peers.” The Dax closed up 0.29% and France’s Cac 40 rose by 0.77% by the close. The latest economic numbers showed the US economy looks solid despite the rise in interest rates over the last 12 months Michael Hewson, CMC Markets UK In the US, tech stocks led the charge after a raft of better-than-expected earnings announcements helped improve sentiment. Mr Hewson added: “The latest economic numbers showed the US economy looks solid despite the rise in interest rates over the last 12 months.