Aerospace and commodity stocks are leading the way for the FTSE 100 this morning, driving the index up 29.58 points (0.74%) to 4,032.12 at 8.55am.
BAE Systems has been the morning's largest gainer, up 5.63% to £3.47. This has been followed by aerospace developer Cobham, which has added 4.36% to £1.84.
Mining company Rangold Resources has also advanced this morning, up 3.44% to £33.05, while silver and gold producer Fresnillo was up 3.1% to £4.32.
Financials are struggling so far this morning, with Standard Chartered the biggest loser, down 2.45% to £9.36. Legal & General Group also fell by 2.35% to 49.8p.
In the US, the Dow Jones closed Monday down 41.74 points (0.52%) to 7,975.85 - with financials suffering.
Citigroup was the biggest loser, falling 4.56% to $2.72, while JPMorgan Chase dropped 3.69% to $28.20.
General Motors was the index's largest riser, gaining 8.1% to $2.27, while General Electric advanced 2.29% to $11.19.
In Japan, the Nikkei 225 finished Tuesday down 0.28% to 8,832.85. This came after Japanese Prime Minister Taro Aso told his government to prepare a record fiscal stimulus package to lift the world's second largest economy from its deepening recession.IFAonline
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