The FTSE 100 is all over the place in morning trading, currently up 22.2 points, or 0.35%, to 6331 - but steadily falling.
Standard Life is still basking in yesterdays sales jump announcement, leading the morning gains up 17.5 points, or 5.375, to 343.5.
Royal & Sun Alliance’s first-half profit beat forecasts, driving it up 6.5 points early, or 4.78%, to 142.50.
Yell Group is also doing well in early trading, up 18.75 points, or 4.03%, to 483.5.
Kazakhmys, the London listed Kazakhstan natural resources company has lost early footing, dropping 36 points, or 2.94%, to 1190.
Smiths Group, the medical equipment manufacturer, is down on news expects similar profits to the same time last year, currently 28 points lower, or 2.7%, to 1009.
In New York, Federal Reserve comments eased fears on the recent credit anxiety, with the Dow Jones ending a volatile day up 35.52 points, or 0.26%, to 13504.3.
General Motors had the day’s largest gains on news it had completed the sale of its Allison Transmission commercial and military business, closing up 1.03 points, or 3.17%, to 33.48.
Alcoa made some solid ground; the world's leading producer of primary aluminium was up 0.94 points, or 2.64%, to 36.61.
Exxon Mobil also did well, climbing 2.16 points, or 2.59%, to 85.7.
Home Depot struggled, falling 0.49 points, or 1.33%, to 36.40; while Boeing had is wings clipped, down 1.12 points, or 1.07%, to 103.22.
In Tokyo, the Nikkei was solid after positive news from Wall Street, closing up 107.51 points, or 0.64%, to 17,029.28.
CSK Holdings raised its first-half net-income forecast by 33%, driving its share price up a staggering 420 points, or 11.26%, to 4,150.
Trend Micro also had a stunning day, jumping 460 points, or 11.22%, to 4,560.
Taiheiyo Cement struggled, dropping 39 points, 7.8%, to 461; while Kawasaki Kisen also lost ground, falling 122 points, or 7.31%, to 1,546.
To comment on this story, contact:
0207 034 2681
Interest rate outlook unchaged
FCA made demands last week
'Unsung' part of FSCS work