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With such negative news at the moment and sentiment being downbeat it's difficult for the FTSE to continue its rally.
CMC Markets trader Matt Basi said the renewed optimism could send the FTSE to new all-time highs early next year.
There is no reason why we will not see a rise in the FTSE to 6000 at some point next year.
Angus Campbell, head of sales at Capital Spreads, said: Another rejection of the 5800 level caused the FTSE to pull back from its highs as investors continue to tread cautiously.
Since then his stock has plummeted like a bad punt on the FTSE, to such an extent that his nickname, Mr Cricket, has become a source of minor ridicule rather than a badge of pride.
So investors' appetite for risk returned, prompting a near 150 point rise on Wall Street by the time London closed and a 92.46 point gain on the FTSE to 5235.18.
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Well-received manufacturing data from around the globe helped to send the FTSE 100 to its best level for three weeks.
"If you want to invest in UK PLC, then it really does make sense to look beyond the FTSE 100 to mid-sized and smaller companies," says Jason Hollands, managing director at Tilney Bestinvest.
Macroeconomic fears similar to America's have also hit Britain hard, and the good news helped the benchmark FTSE 100 to a 1.9% gain, to 5,799.80 points.
The commodity trader Glencore became the final FTSE 100 to appoint at least one woman to its board when Patrice Merrin became a non-executive director in June.
Global stock markets continued to tumble on Friday, pushing the FTSE 100 to its worst weekly fall in more than three years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com