London's FTSE 100 index is up marginally so far today after investor sentiment turned on more positiv...
Computer manufacturers Compaq and Apple both came with positive news as did Yahoo, which has resulted in the FTSE 100 rising by about 3 points to 5,130 by just after 10AM.
The Dow Jones Industrial Average dropped 211.88 points to close at 9,712.27 yesterday, while Nasdaq's Composite index shed 56.45 to 1,944.46.
Tokyo's Nikkei 225 index shed 49.40 to close at 10,128.18, as Hong Kong's Hang Seng index lost 57.25 points to 10,906.84.
Yesterday's big loser in London, asset management firm Schroders, is off just 1p to 874p after losing some 10% yesterday after admitting accounting errors and issuing a profits warning.
Instead, today's biggest loser so far is Reuters, off by 35p to 622p.
It is closely followed by Granada, off 5p to 130.25p.
The media troika is completed by Daily Mail & General Trust, off by 11p at 644p.
Royal & Sun Alliance is off by 13p to 370p, while Electrocomponents has shed 12.5p to 498.5p.
In contrast, the winners list is made up almost exclusively of tech and telecommunications stocks.
Sage has clawed back 11.25p to 251.5p, and Shire Pharmaceuticals is up 21p to 860p after a bullish note by broker UBS Warburg.
Logica is up 12p to 616p, Invensys is up 2.25p to 116.25p, and Vodafone is up 2.75p to 165.25p.
Since November 2008
Share issue oversubscribed
PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
Events, information and other services
An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client