US stocks reached 15-month highs on Monday, with both the Dow Jones and S&P 500 up at least 1.5% on the first trading day of 2010.
The FTSE 100 has climbed to a fresh 15-month high of 5,451.79 this morning, with the 0.72% rise continuing the strong gains posted over the festive period.
There has rarely been a dull moment this year. A 20% fall in the UK equity market by early March has given way to close to a 50% bounce.
The FTSE 100 opened morning trading in positive territory, with financials leading the way.
London markets have advanced strongly this morning on news Abu Dhabi is to bailout heavily indebted neighbour Dubai.
London's leading shares surged in morning trading, with mining stocks leading the charge on the back of positive economic data coming out of China.
London's leading shares have started the day positively as investors shake off concerns surrounding the fallout from Dubai.
Tom Ewing, manager of Fidelity's UK Growth fund, takes a defensive approach to investing post credit crunch and economic downturn
US shares dipped into negative territory in early trading as the after-shock of Dubai's debt mountain disclosure continues to shake world markets.