The FTSE 100 has started to recover during this morning's trading, after its first poor finish since the start of the year on Monday.
The start of 2013 had seen a strong rally in Britain's blue chip index, as expectations of a fiscal cliff resolution in the US improved investor confidence.
On Friday, the index reached its highest point in nearly two years, closing at 6,090.
But on Monday the rally came to an end, with the index closing 25 points lower at 6,065, down for the first time since the start of January.
This morning, the FTSE 100 started to recover some of yesterday's losses and is up 0.15% in early trade.
Vodafone Group is the top performing stock this morning, up 2.8%, while TUI Travel headed the losers, down 3.63%.
The main global markets also suffered yesterday. In the US, the Dow Jones closed down 0.38%, pushed lower by weak results from local retailers and worries about the fiscal cliff.
Asian stocks were also trading lower, with the Nikkei 225 down 0.86% and the Hang Seng falling 0.97%.
This weaker performance comes after the MSCI Emerging Markets index reached a 10-month high last Thursday, when all Asian markets were well into positive territory.
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