The Dow Jones shrugged off surprisingly weak US manufacturing data today to sneak ahead after a choppy start.
Nine out of ten advisers warn investors are over-exposed to UK equities and could be hit in the coming months as the current market rally starts to falter, according to research by Ignis Asset Management.
The Dow Jones shed 0.36% in early trading today as sales of existing US homes fell in August for the first time in four months.
The FTSE has tumbled 0.76% this morning, as the markets reacted to suggestions the US Federal Reserve is preparing to remove stimulus measures.
Wall Street shares were relatively flat in early morning trading as investors locked in profits as they await the Federal Reserve's interest rate decision later today.
UK stocks continued to rise this morning with the FTSE 100 climbing 32.22 points (0.63%) to 5174.82 points in early trading.
US shares dropped almost 1% in early trading as a fall in commodities prices drags on the benchmark Dow Jones.
Top UK stocks drifted lower in a quiet start to the session as investors locked in gains after the FTSE reached a new 12-month high before the weekend.
The Dow Jones opened higher in early trading on Friday with Procter & Gamble heading up the winner's table.
The FTSE 100 slipped slightly this morning after Wall Street's recent rally stalled overnight.