FTSE rallies in tandem with Wall Street

The FTSE 100 was up 70.96 points, or 1.2 percent, at 6,129.50 by 1400 GMT, ahead of European indexes, mirroring Wall Street's opening gains. Stocks were more upbeat as investors bet that the U.S. Federal Reserve might delay a much-anticipated rate hike and by the news that the Chinese government had intervened to support its volatile markets. The disappointing jobs figures helped to support U.S. stocks as a weak jobs picture could dissuade the Fed from raising rates.