The Dow Jones has plummeted 63.72 points upon opening ahead of anticipated approval for President Obama's stimulus package and the unveiling of the new bank bailout plan.
Steep losses for miners pulled the FTSE below 4,250 on Tuesday as lower crude prices continued to hit oil producers.
The FTSE 100 has fallen almost 1% this morning despite better than excepted results from Barclays boosting the financials sector.
London's blue chip stock exchange rocketed upon opening as RBS's new executive team axed some long-term boardroom members.
London's leading stock exchange dropped in early trading on Thursday ahead of an anticipated interest rate cut.
IFAs helped the UK record the lowest net retail outflow from UCITs funds of any major European country, according to IMA chief executive, Dick Saunders.
The FTSE 100 was up marginally this morning by 0.60% by 8:44am with the London Stock Exchange Group regaining 3.73% of its 6% losses of yesterday.
The FTSE 100 was flat this morning as extreme weather conditions continued to plague the capital and affected many transport links.
Financials weighed down the FTSE 100 shortly after opening this morning as Barclays and RBS led the losers, with the sector sinking 2.91% and the index dipping 51.98 points (1.25%) to 4,097.66.
Jupiter chief executive Edward Bonham Carter has warned markets are likely to be "schizophrenic" this year as policymakers struggle to fight the economic downturn.