FTSE

The Dow Jones climbed more than 50 points after a volatile start to trading on Tuesday, as US Federal Reserve chairman Ben Bernanke forecast unemployment would remain high into 2011.

The FTSE 100 was up in early trading Friday following an overnight rally in New York.

The Dow Jones slipped in early trading on Thursday after posting some of the biggest gains of the year just 24 hours earlier.

A ratings upgrade from Citigroup helped Schroders to a healthy gain early on Thursday, but the FTSE remains largely unmoved following yesterday's impressive gains.

The FTSE 100 this morning reinforced yesterday's gains as mining stocks continued to climb.

As US markets opened, the Dow Jones slipped slightly, down 0.03% to 8328.95 points following a strong rally yesterday on the back of hopes for an economic recovery.

Deutsche Bank has listed its first range of six db x-trackers ETFs on the Hong Kong Stock Exchange.

In London, Friends Provident shares surged this morning as Resolution expressed interest in buying the company.

The FTSE 100 dipped closer to the 4,000 mark this morning, with miners again dragging the index down.

The Dow Jones has risen 23.84 points (0.58%) to 8183.40 after the US aluminium giant Alcoa revealed better than expected results.