Wall St wipes out FTSE's gains

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The FTSE 100 Index ended flat today, down 2.50 points to 5,762 points, after an opening slide on Wall Street wiped afternoon gains.

The index looked on course to end the day slightly higher but US stocks, hit by rising crude prices, edged the market down. British Airways fell 2.08% to 340.50p after oil prices jumped towards the $74 a barrel level, helped in part by further unrest in Nigeria and continuing concerns in Iran. Kazakhmys also dropped 0.22% to 1,119.50p, despite metal prices continuing to firm up. On a more positive note, the rise in oil prices took BP up 0.39% to 636p, while Royal Dutch Shell gained 1.15% to 1,845p. Aviva advanced 0.55% to 736.50p after Goldman Sachs started coverage with “outperform...

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