London stocks closed higher yesterday as the UK published its latest jobs data and China released robust industrial output data.
The FTSE 100 was up 1.32% at 6,105.54, and the FTSE 250 was 0.78% firmer at 17,815.38. Sterling also climbed 0.4% to trade at $1.2898.
In the US, Wall Street’s main indexes finished in positive territory after new data showed US factory output increased strongly in August. The Dow Jones Industrial Average ended the day up 0.45%, at 28,118.84, the S&P 500 climbed 0.93%, at 3,415.11 and the Nasdaq Composite was up 1.52%, at 11,224.87.
In company news:
Cruise ship operator Carnival has announced it will post a $2.9bn loss in the third quarter, as part of a travel industry battered by the health crisis.
New Look‘ s landlords and creditors have approved restructuring plans which will see the high street chain switching to turnover-based rents at 402 of its UK stores, aligning rent payments with sales performance.
Hitachi is set to abandon plans for a £20bn nuclear power station at Wyfla in Wales due to worries about spiralling costs. (£)