Markets stage mini recovery as US jobs data beats forecasts

Non-farm payroll figures showed 117,000 new jobs had been created in July. Markets had been under the cosh - the FTSE 100 has been more than 2% lower for most of the day - but have reacted positively to the news. London's leading index added almost 100 points shortly after that development but immediately plodded lower. It is currently trading at about 5,320, still more than 60 points down from the opening bell. Elsewhere in Europe, the German Dax briefly entered positive territory for the day before slipping under again while, in France, the Cac 40 is now almost 40 points highe...