The FTSE 100 surged 90 points higher on early indications that Donald Trump had won another term as US President.
The Footsie was up to 8,262 as the dollar rallied and bond yields rose on fears the new President will unleash a raft of new borrowing.
Here, Marks & Spencer was an early riser as profits jumped 20% helped by a surge in demand for its food ranges.
Wetherspoons was also up as the pub chain reported sales were up by 5.7% in its last quarter, but it warned that taxes announced in the Budget plus wage rises would add £60 million to costs.
Housebuilder Persimmon also flagged that costs were becoming a concern going forward, but added that housing demand has continued to recover.
