London shares climbed in early trading, with the FTSE100 index up 12.79 points (0.32%) to 3,996.5.
Strong bank performance in the US helped boost British bank shares, with Barclays up 11.15% to 197.3p, while Lloyds jumped 8.9% to 86.6p. BT shares were hit following reports it will make a £1.5bn writedown in its global services unit, dropping 4.07% to 77.7p. The Dow Jones was down as markets closed for the Easter weekend, dropping 25.57 points (0.32%) to 8,057.81. Bank shares performed well after Goldman Sachs posted better-than-expected results, with Citigroup up 25% to $3.80 while Bank of America added 15.4% to $11.02 and JP Morgan Chase shares climbed 2.9% to $33.70. However, i...
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