After some uncertain times, the newsflow is getting more positive and the tables appear to be turning. Have we really come through the banking crisis unscathed or is there more bad news in the post?
The FTSE 100 continues to advance this afternoon, adding 60.29 points (1.27%) to 4816.87 at 2.30pm.
The Dow Jones has made a modest ascent this morning, with a good start for financials offsetting poor unemployment data.
The FTSE 100 has bounced back over 4,700 for the first time since opening this week, with mining stocks at the forefront of today's strong gains.
The FTSE 100 fell sharply on opening this morning, with another poor day in Asia cancelling out yesterday's gains for London's blue chip index.
A strong start for the mining sector this morning is helping the FTSE 100 rebound from yesterday's 1.4% decline.
The Dow Jones was rapidly approaching a 2% drop in early trading on Monday on fears the recent rally may have been overdone.
London's blue-chip index has suffered a poor start to the week after sharp stock falls in Asia today, with property groups and miners among the early decliners.
The Dow Jones has fallen for the first time in three days as Consumer Price Index figures show the Fed's $1trn injection into the banking system has not led to faster inflation.
Speculation about Middle East investment in UK property firms has boosted the FTSE, which hit a ten month closing high yesterday.