The FTSE100 has clawed back into positive territory this morning after more pain for US financials led to a poor start for the UK banking sector. London's blue-chip index is currently 0.60 points (0.01%) higher to 5362.90.
The majority of FTSE100 companies are struggling this morning with about 80% in the red so far. London's blue chip index is currently 44.90 points (0.82%) lower to 5405.
Falling crude oil prices and a strong financials sector has led to a fast start for the FTSE100 this morning, currently 1.28% ahead to 5432.70.
The FTSE100 has fallen sharply this morning after poor trading updates for Vodafone and pub company Enterprise Inns. London's blue-chip index is currently 77.20 points (1.43%) lower to 5327.10.
The FTSE100 has recovered well this morning after a slow start for financials, with miners spearheading the revival. London's blue-chip index is still in the red however, 9.50 points (0.18%) lower to 5366.90.
The FTSE100 surged on opening this morning on the back of a large bank-led market rally in the US overnight. London's blue-chip index is currently 82.80 points (1.61%) higher to 5233.40.
The FTSE100 has given up most of its strong start in mid-morning trading, with more fears for financials cancelling out the large oil price falls. London's blue-chip index is currently 7.5 points (0.15%) higher to 5,179.40.
Renewed concerns on the health of US banking institutions have spooked markets across the globe, with the FTSE100 sharply lower in morning trading.
A host of takeover offers have sent the FTSE100 skyward this morning, currently 90.60 points (1.72%) higher to 5352.20.
The Standard & Poor's 500 index entered bear market territory for the first time since 2002 on Wednesday, as shares on Wall Street were slammed by renewed mortgage market and economic concerns.