Daily Market Snapshot: Banks and commodities lead FTSE

European markets opened up 1.0% this morning (FTSE Eurofirst 300 and FTSE 100) led by the banks and commodity stocks.

US markets clawed back some of their losses from the previous two sessions yesterday, following earnings that beat consensus estimates from McDonald's, New York Times and PNC Financials Services. The Dow Jones added 1.3%; the S&P 500, 1.1%. Previous working day closing figures: Dow Jones: 10,081.31 FTSE All-Share: 2,673.89 FTSE 100: 5,207.36 FTSE 250: 9,318.91 FTSE AIM: 670.61 Market snapshots (at 10:20): FTSE All-Share: +0.98% FTSE 100: +1.07% FTSE 250: +0.61% FTSE AIM: +0.17% Thoughts (with Henderson New Star) The next stage in the development of Directives for UCITS ...