Dow Jones

Global stock markets are appreciating sharply today on news China is likely to end its currency peg with the US dollar.

The FTSE 100 opened higher as investors responded positively to news BP has agreed to fund a $20bn oil spill compensation package.

The FTSE started the day positively buoyed by a strong start for bank stocks and increased hopes of a global recovery.

The Dow Jones posted triple-digit gains in early trading on Thursday after positive economic data at home and abroad boosted sentiment.

The FTSE 100 lost 40 points in early trade Thursday as BP shares continued to drop.

The FTSE 100 index rose by 0.7% to 5063.7 points in early trading led by Royal Bank of Scotland, which edged closer to significant asset sales.

Global markets are in freefall today following Wall Street's slide on Friday and on fears over a Greek-style crisis in Hungary.

The FTSE opened higher in early trading by 20.32 points(0.39%) to 5231.50 as investors become more optimistic about prospects for a global recovery.

The FTSE 100 has opened 1.3% lower this morning as global indices continue to decline.

The Dow Jones has opened trading in negative territory with yesterday's surge petering out as cautious investors look to keep hold of profits ahead of the long weekend.