M&A activity boosts FTSE

Talk that Russian gas company Gazprom is close to increasing its UK presence also lifted Centrica shares. Meanwhile, in the US, the Standard & Poor's 500 Index fell 3.51, or 0.2%, to 1504.16 this morning. The Dow Jones Industrial Average fell 0.2%, to 13,398.46 while the Nasdaq Composite Index dropped 0.1%, to 2570.10. The US markets opened lower as a result of investors contemplated rising treasury yields and higher oil prices. IFAOnline