Nasdaq

London's stock indices is struggling to maintain momentum again this morning, as all eyes are on the Bank of England confirmation of the base rate and a huge fall for Compass Group.

The FTSE 100 index eventually failed to make any headway on this morning's trading, as news of the Amvescap settlement with US regulators kept the market down.

Loss of dividends for some investors on yet another stock - this time it is the turn of Legal & General - is dragging the stock markets down this morning, as there is little else to inspire confidence.

Reduced profit potential for GlaxoSmithKline, according to one investment firm, halted the FTSE's stronger run over recent days to leave the main index virtually flat by close of London trading.

Drinks giant Allied Domecq had an interesting few days on the FTSE last week, but has again made further gains by close of business on Monday, along with money manager Man Group.

It's good news for the drinks giants Diageo and Allied Domecq which really buoyed London trading on Friday.

Shares on the UK stock markets closed down today for the first time in over a week after major names Vodafone and British Airways lost ground.

UK stock markets are struggling to make any headway after the Bank holiday as losses in the US market are affecting both the FTSE 100 and the Asian markets.

The FTSE 100 index is up again this morning on the back of gains for GlaxoSmithKline, who have now settled their anti-competitive law suit with the New York Attorney General's office.

A further fall in the price of oil has helped the FTSE 100 rise to its highest level in two months.