FTSE 100

Europe's major markets are climbing today ahead of the Greek elections, and following the Bank of England's unveiling of a £100bn stimulus package for the UK economy.

The FTSE 100 and a host of European markets were tumbling today after a warning from Moody's about Spain's credit rating spooked nervous investors.

London's leading share index climbed in early trading after a strong session on Wall Street yesterday.

Spanish and Italian bond yields have continued to race ahead following the European Union's bailout of the troubled economy's banking system.

Liontrust's top performing fund manager Anthony Cross has backed Hargreaves Lansdown's shares to surge after the final rules around platforms and RDR are released.

PASSIVES

Europe's major markets climbed on the first day of trading after Spain was granted a €100bn bailout for its banking sector over the weekend.

London's FTSE 100 slipped into the red in early trading this morning after Fitch Ratings cut Spain's long-term credit rating and predicted a slump through 2013.

Global equity indices surged higher after China cut interest rates for the first time in four years in a bid to support growth and combat economic slowdown.

UK income funds face a new threat from the eurozone crisis if the pound continues to strengthen against the single currency, leading managers have said.