12.50pm: FTSE red, US heading for green
The FTSE continues to worm its way sideways in negative territory, but its more optimistic cousins from across the Atlantic could soon provide a fillip.
Led by the tech-powered Nasdaq, the Wall Street indices are pointed towards a positive start, according to the futures market, though the Dow Jones is predicted to open fairly flat.
Investment has continued to flow heavily into US stocks, strategists at Citi noted earlier this morning, with US$6.4bn of new positions added to the S&P 500 (SPX) and US$2.1bn to the Nasdaq 100 (NDX) over the week.
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Newcomers Seraphim Space Investment Trust PLC and LendInvest PLC get warm welcome on first day as listed companies
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