Dow Jones

Markets across the world respond well to 0.25% increase

Easyjet and Glencore big winners

FTSE opens 2% higher

Liz Ann Sonders, chief investment strategist at Charles Schwab, explores if US valuation measures could be leading investors to the wrong conclusions

The FTSE 100 has opened lower once again after US markets suffered their worst one day drop so far this year on continued concerns over a Greek default.

The S&P reached a further record high at closing yesterday, as disappointing economic data coming out of the US alleviated fears of an interest rate rise in the near future.

A UK futures trader has been accused by US authorities of contributing to the 2010 'flash crash' which saw the Dow Jones plunge 600 points in five minutes.

US stock markets followed in the footsteps of the FTSE 100 on Monday, with the Nasdaq reaching its highest level for almost 15 years.

The FTSE 100 has dropped sharply again this morning as fears over significant falls in the oil price and other macroeconomic issues weighed on stocks.

Barings multi-asset manager Christopher Mahon has warned the chances of a fresh Black Monday-style crash are rising, as policy decisions increasingly drive markets.