FTSE 100

ASHBY'S ANSWERS

UK stocks fell on Monday morning, pulling back following the strong end to last week, with Greece once again in focus as government talks enter a critical stage.

The latest in a string of better than expected macro data from the US drove markets higher on Friday, with the Nasdaq reaching an 11-year high.

Stocks received a lift in afternoon trading as social networking giant Facebook prepares to make what could be one of the largest market debuts in history.

The FTSE 100 has fallen 1.1% as concerns over Portugal and the continued lack of a Greek bond swap deal weigh on global markets.

EQUITY INCOME

Lindsell Train founder Nick Train has revealed hefty positions in some of the more defensive stocks in the FTSE 100 helped him outperform the market substantially last year.

UK stocks were muted mid-morning as investors took profits and fretted once more over the outlook for Europe and the Greek debt deal.

Leading indices across the world closed up at multi-month highs overnight as investors remain in risk-on mode despite the ongoing eurozone crisis.

European stocks advanced this afternoon following the US Federal Reserve's interest rate outlook, with miners driving the FTSE 100 to build on earlier gains.