08-05-2015 13:44 via news.yahoo.com

Stocks surge on Conservatives' strong election result

By Sudip Kar-Gupta and Atul Prakash LONDON (Reuters) - The stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the general election, giving the party another five years in power. The blue-chip FTSE 100 index rose 1.9 percent to 7,017.35 points by 1204 British time, within touching distance of the record high of 7,122.74 points reached last month. It headed for its biggest one-day percentage gain since early January. The FTSE 250 mid-cap i
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