Nasdaq

The benchmark FTSE 100 is currently down about 5 points at 4,475 after UK stocks dropped this morning paced by the mining industry.

The benchmark FTSE 100 ended up 15.10 points at 4,480.70 after UK stocks rose for the third day, led by BG Group and BP.

Trading is relatively mixed in London this morning, as a serious of announcements from Easyjet and smaller firms could shift confidence in stock prices.

Trading on the London Stock Exchange is this morning being driven up for the third day in a row, as advertising firm WPP, Aviva and Reuters make the most of gains.

Trading on the London Stock Exchange has been hit for the first time in a while by oil trading this morning, after OPEC announced it was cutting production.

Shares in MMO2, ITV and BP are leading early trading this morning, in part thanks to new oil discoveries and talk of a Virgin mobile flotation.

The benchmark FTSE 100 is currently down almost 8 points at 4,366 after UK stocks fell paced by retailers such as Boots and Sainsbury.

Stock markets in London had a better day and only a handful of firms saw their share prices lower by close of business, after Bank of England chief Mervyn King announced he is prepared to act early to keep inflation in check.

The retirement of 3i's chief executive at 50 and the raising of its three billion euro takeover fund seems to be driving trading on the London Stock Exchange this morning.

The benchmark FTSE 100 is currently up about 12 points at 4,330 after UK stocks started on a positive note.