The FTSE 100 is reversing some of yesterday's strong gains in early trading this morning, shedding 13.07 points, or 0.31%, to 4230.64.
The banking sector's spike yesterday saw Barclays climb to its highest level since early October, but this morning the bank is down 2.49% to 274.50p.
Insurers are also struggling early, with Old Mutual slipping 1.9% to 67p and Standard Life down 1.94% to 186.60p.
However, Royal Bank of Scotland Group has added 4.78% to 43.80p, continuing its rally from yesterday when it sold a 50% stake in its Spanish insurer and gained nearly 14% on its share price.
Looking stateside, the Dow Jones closed Thursday at 8168.12, a fall of 17.61 points or 0.22%.
JP Morgan Chase was the biggest loser, plunging 4.29%, while ailing General Motors gained 6.08% to become the day's biggest winner.IFAonline
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