Economics / Markets

London markets surged forward this morning as better-than-expected results from RBS raised hopes the banking sector may be over the worst of the credit crisis.

The Dow Jones opened marginally lower on Thursday despite leaked 'stress test' results suggesting good news for Bank of America and Citigroup.

The FTSE 100 climbed in early trading on Thursday but further reports of bad debt for banks stifled progress.

The FTSE 100 continued its upward surge this afternoon, gaining 100.83 points, or 2.38%, to 4,344.05 as of 3pm.

US equity markets have been pricing in the end of the recession but investors must not become complacent, warns BlackRock's Bob Doll.

The FTSE 100 has opened more than 2% higher in early trading with miners and banks seeing double digit percentage gains this morning.

The FTSE 100 is reversing some of yesterday's strong gains in early trading this morning, shedding 13.07 points, or 0.31%, to 4230.64.

The FTSE 100 opened higher on Thursday following impressive overnight gains in New York.

The banking sector is powering a solid start for the FTSE 100 this morning, adding 21.22 points or 0.52% to 4117.62 by 9:30am.

The FTSE 100 dropped 76.69 points this morning to (1.82%) to 4,091.