US markets halt losses after Friday slump

US markets reversed falls on Monday after a period of consecutive weak sessions fuelled by concerns over the end of quantitative easing.

The Dow Jones Industrial Average was up 0.37% to 11,996, while the S&P 500 also climbed 0.32% to 1,274. The gains followed a sharp on drop on Friday which saw the S&P and the Dow Jones lose 1.4% each to 1,271 and 11,952 respectively. US markets have fallen on a weekly basis for the last six weeks - the longest weekly losing streak for stocks since 2002. Meanwhile, the UK's leading index remained higher mid-afternoon, with banks and miners keeping it in the black. By 3:44pm, the FTSE 100 was up 0.4%, with commodity giant Glencore gaining 2.7% to 523p amid speculation it may buy E...