European Indexes Finish with Gains

Markets Friday continued the advance sparked by Wall Street's rally in the previous session

London: The FTSE 100 ended higher Friday as Wall Street accelerated, receiving a boost from GE's (GE) results after a slow start owing to lower-than-expected retail sales data - which fell by 0.9% in June, and by 0.4% ex-autos. Further support came from better-than-expected consumer sentiment data. Back in Europe, the Dutch Supreme Court ruled in favor of ABN Amro (ABN) and unfroze the sale of LaSalle to Bank of America. This helps the chances of Barclays (BCS) (+0.84%) over the Royal Bank of Scotland (+0.87%) consortium of buying the Dutch bank.

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