FTSE responds after Wall Street's 3% surge

Minutes into trading, London's leading index was up 52 points, or 1.04%, to 5,065. Lloyds Banking Group, up 4.6% to 61p, and Royal Bank of Scotland, up 3.4% to 44p, are among the early winners. Both are on the EU's list of 91 banks that will be subject to in-depth "stress-testing". In the second straight day of gains for US stocks, the Dow finished 274.66 points higher, or 2.8%, to 10,018.28 - while the broader Standard & Poor's 500 and tech-heavy Nasdaq both surged 3.1%. The financials sector rallied by 5% after manager State Street soared by 9.9% on news it would post higher seco...