How London's FTSE 100 regained 5,000 mark

Date: Wednesday, September 9, 2009

How London's FTSE 100 regained 5,000 mark

Britain's top share index regains the key 5,000 level, a milestone
move for a market busy clawing back ground after the recent financial
crisis.

OIL GAINS ON INVENTORIES OUTLOOK, OPEC SUMMIT

Crude-oil futures rise for a third session as analysts expect weekly
petroleum data to show another drop in U.S. crude inventories and as
traders look ahead to an OPEC meeting.

BONDS AND STOCKS DIVERGE ON THE U.S. ECONOMY

For those investors who believe the stock market works perfectly at
discounting risks and rewards, the U.S. economy and corporate profits
must seem to be on track for a stellar recovery.

APPLE EXPECTED TO UPDATE IPOD LINE AT EVENT

Apple Inc. is scheduled to hold one of its much-anticipated company
events on Sept. 9, while media and tech circles perform their usual
round of speculating about what the company has up its sleeve.

EUROPE OPERATORS FACE DILEMMA WITH IPHONE DEALS

As exclusive contracts to distribute Apple's iPhone in key European
markets expire, the operators who shelled out millions to snare the
seductive device must decide how much it's really worth to them.n
financial history.