Equities are on track to snap a weekly losing streak as investors shrug off inflation and growth concerns that whipsawed global markets.
In London, the FTSE 100 (^FTSE) had a bit of a rollercoaster session during the day, starting on the back foot, recovering around noon, and then dipping again.
Stocks in global markets rose on Thursday as U.S. Treasury yields fell to two-week lows, while copper was at 16-month lows as investors worried about a possible global economic slowdown. The Nasdaq led the way higher on Wall Street, rising more than 1.6%. Technology shares including Apple Inc and defensive shares gave the S&P 500 its biggest boost as investors continued to worry about a potential recession.