By Thierry Laduguie | Tuesday 3 November 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The FTSE 100 opened higher this morning boosted by a strong rally on Wall Street. As I said recently, the S&P 500 is a wild index, it can rally for days or weeks to the point where investors will feel safe then it will sell off. The rally was driven by technology, energy and healthcare stocks. Better than expected manufacturing PMIs in Europe, UK and US also helped stocks rally.
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