The FTSE 100 has ended the day down 10.5 points, or 0.18%, to 5,960.8, despite briefly passing the 6,000 mark as commodities failed.
Mining firm Vedanta Resources was the biggest drag on the index with a drop of 2.51% to £11.63, closely followed by banking firm Alliance & Leicester which slipped 2.25% to £10.86, while Standard Chartered bank fell 2.08% to £13.68.
Life insurers did their best to rally the index with Prudential up 3.11% to 663.5p, closely followed by Friends Provident which climbed 1.84% to 193.5p, although it was Hanson which posted the biggest gains with a rise of 3.69% to 773.5p.
Royal bank of Scotland also performed well with a rise of 1.49% to £18.39, following a broker upgrade, although Wolseley slipped 2.09% to £11.26 and Brambles Industries fell 1.84% to 479p to more than offset the gains.
In the US the Dow Jones Industrial Average is slightly up in early trading with a rise of 5.45% to 0.05%, to 11,723.9, as stocks are largely flat after optimism about corporate profits and consumer spending offset declines in Texas Instruments.
Shares of Texas Instruments have dropped 1.4% to $33.41 after the stock was downgraded, although the biggest drag on the index at the moment is Du Pont with a fall of 0.74% to $43.05.
On the bright side Hewlett Packard has posted the biggest gains so far with a rise of 2.42% to $36.84, closely followed by Disney which is up 1.07% to $31.26, while IBM has added 0.6% to $82.48.
Verizon Communications is also up 0.6% to $37.16, while General Motors ahs climbed 0.42% to $33.20, although Exxon Mobil is limiting gains with a drop of 0.71% to $66.98, while Coca-Cola has slipped 0.4% to $44.77.IFAonline
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress