The FTSE100 is almost level again this morning after a fairly volatile start to trading; currently 2.10 points (0.04%) lower to 5418.60.
BT is being hammered so far after just missing first quarter forecasts, down 10.17% to 177.50. Consumer products firm Unilever has also had a rough start, 7.22% behind to 1401; while retailer Next is 5.47% lower to 941. Cairn Energy is leading the gains as oil climbs back near $127 a barrel, up 4.93% to 2765. Compatriot Tullow Oil is 4.51% higher to 777. Kazakhmys leads a host of miners higher on rising metal prices, up 4.23% to 1480. In New York, Wall Street climbed sharply a second straight day with moves from the Fed boosting investor confidence. The Dow Jones IA closed Wednesday...
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