The Dow Jones was rapidly approaching a 2% drop in early trading on Monday on fears the recent rally may have been overdone.
The Dow Jones is seeing upward movement as investors await the Fed's interest rate decision due later today.
The Dow Jones soared to a near 100-point gain in early trading on Friday as positive job data bolstered investor confidence.
The FTSE fell back from its year-high this morning as mixed results from RBS weighed heavily.
The FTSE 100 has pared gains mid-morning after its strong start, which saw it set a new year high.
The pension fund shortfall of Britain's biggest companies has more than doubled to a record £96bn in a year, a report said on Wednesday.
Jubilee Financial Products is delaying the strike date on its suite of four structured products until 25 September in anticipation of a market correction.
The Dow Jones has opened lower this morning following news US personal income has suffered the largest drop in four years.
The FTSE 100 rolled back some of yesterday's gains this morning, with Standard Chartered among the early casualties after announcing surprise plans to issue £1bn in new shares.
The FTSE 100 once again headed higher this morning after closing ahead on Monday for the 11th consecutive session.