Markets Soar On Wall Street Bond Bonanza [Edition 3]

Daily MailOctober 15, 2009

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Summary


A NEAR sixfold profits surge at US bank JP Morgan triggered a further feeding frenzy on stock markets around the world.

The FTSE 100 soared 102 points to a one-year high of 5,256 after JP Morgan kicked off US bank reporting season with a flourish.

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Extract


Markets Soar On Wall Street Bond Bonanza [Edition 3]

A bond trading bonanza lay behind the hefty Pounds 2.3bn profit banked by the Wall Street gian...

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