FTSE flat after closing at two-month high

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The FTSE 100 opened flat on Wednesday after closing at its highest level for more than two months last night.

The blue chip index, buoyed by a risk-on attitude from traders as well as positive data in the US and Asia, climbed 2.3% to 5,700 points yesterday. It marked its highest close since late October when it finished at 5,714 points. This morning it remained near the two-month high, sitting ten points higher at 10.25am. Elsewhere overnight, markets soared, with the Dow Jones up 1.5% to 12,397 points in the US, while the S&P 500 climbed 1.56% to 1,277 points. Better than anticipated numbers from US manufacturers helped lift shares and boost sentiment. In Asia shares were mixed with th...

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